Western Wealth Management LLC Buys 867 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Western Wealth Management LLC grew its stake in SPDR Gold Shares (NYSEARCA:GLD) by 3.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,125 shares of the exchange traded fund’s stock after purchasing an additional 867 shares during the quarter. Western Wealth Management LLC’s holdings in SPDR Gold Shares were worth $4,421,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Toronto Dominion Bank raised its holdings in SPDR Gold Shares by 14.5% in the 3rd quarter. Toronto Dominion Bank now owns 4,660,292 shares of the exchange traded fund’s stock worth $799,007,000 after purchasing an additional 591,368 shares in the last quarter. First Eagle Investment Management LLC increased its stake in shares of SPDR Gold Shares by 4.2% in the 3rd quarter. First Eagle Investment Management LLC now owns 3,451,135 shares of the exchange traded fund’s stock worth $599,794,000 after acquiring an additional 137,604 shares in the last quarter. Moneta Group Investment Advisors LLC increased its stake in shares of SPDR Gold Shares by 67,584.6% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 3,037,008 shares of the exchange traded fund’s stock worth $515,198,000 after acquiring an additional 3,032,521 shares in the last quarter. International Assets Investment Management LLC increased its stake in shares of SPDR Gold Shares by 19,989.3% in the 4th quarter. International Assets Investment Management LLC now owns 2,437,035 shares of the exchange traded fund’s stock worth $465,888,000 after acquiring an additional 2,424,904 shares in the last quarter. Finally, Mackenzie Financial Corp increased its stake in shares of SPDR Gold Shares by 0.6% in the 3rd quarter. Mackenzie Financial Corp now owns 1,637,245 shares of the exchange traded fund’s stock worth $276,956,000 after acquiring an additional 9,005 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Up 0.3 %

Shares of SPDR Gold Shares stock traded up $0.75 during trading on Thursday, hitting $220.34. The company’s stock had a trading volume of 6,486,733 shares, compared to its average volume of 7,881,406. The company has a fifty day simple moving average of $200.25 and a two-hundred day simple moving average of $190.27. SPDR Gold Shares has a 52 week low of $168.30 and a 52 week high of $225.09.

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).