Fiduciary Family Office LLC Buys New Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Fiduciary Family Office LLC acquired a new position in SPDR Gold Shares (NYSEARCA:GLD) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,951 shares of the exchange traded fund’s stock, valued at approximately $715,000. SPDR Gold Shares makes up about 0.2% of Fiduciary Family Office LLC’s investment portfolio, making the stock its 23rd largest holding.

Other hedge funds have also bought and sold shares of the company. Semmax Financial Advisors Inc. boosted its position in SPDR Gold Shares by 78.7% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 48 shares in the last quarter. Ashton Thomas Securities LLC purchased a new stake in SPDR Gold Shares in the 3rd quarter worth approximately $28,000. Capital Performance Advisors LLP purchased a new stake in SPDR Gold Shares in the 3rd quarter worth approximately $35,000. Pittenger & Anderson Inc. purchased a new stake in SPDR Gold Shares in the 3rd quarter worth approximately $38,000. Finally, Sugarloaf Wealth Management LLC boosted its position in SPDR Gold Shares by 78.9% in the 3rd quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 71 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $254.43 on Thursday. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $257.71. The stock’s 50 day simple moving average is $244.59 and its two-hundred day simple moving average is $239.07.

SPDR Gold Shares Company Profile

SPDR Gold Trust (the Trust) is an investment trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust’s business activity is the investment of gold. The Trust creates and redeems Shares from time to time, but in one or more Baskets (a Basket equals a block of 100,000 Shares).