Tsfg LLC Has $869,000 Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

Tsfg LLC grew its stake in SPDR Gold Shares (NYSEARCA:GLD) by 40.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 3,590 shares of the exchange traded fund’s stock after purchasing an additional 1,036 shares during the quarter. Tsfg LLC’s holdings in SPDR Gold Shares were worth $869,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Romano Brothers AND Company lifted its stake in SPDR Gold Shares by 1.0% in the third quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock valued at $1,002,000 after acquiring an additional 40 shares during the last quarter. Delta Financial Group Inc. increased its holdings in shares of SPDR Gold Shares by 1.2% in the third quarter. Delta Financial Group Inc. now owns 3,492 shares of the exchange traded fund’s stock valued at $849,000 after purchasing an additional 41 shares during the last quarter. Spinnaker Trust lifted its stake in shares of SPDR Gold Shares by 1.1% during the 3rd quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock worth $956,000 after buying an additional 43 shares during the last quarter. Compton Wealth Advisory Group LLC boosted its holdings in shares of SPDR Gold Shares by 3.2% during the 3rd quarter. Compton Wealth Advisory Group LLC now owns 1,409 shares of the exchange traded fund’s stock worth $342,000 after buying an additional 44 shares during the period. Finally, Acorn Wealth Advisors LLC boosted its holdings in shares of SPDR Gold Shares by 1.4% during the 3rd quarter. Acorn Wealth Advisors LLC now owns 3,242 shares of the exchange traded fund’s stock worth $788,000 after buying an additional 44 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

SPDR Gold Shares stock opened at $245.74 on Tuesday. The company’s 50-day moving average price is $243.87 and its two-hundred day moving average price is $237.59. SPDR Gold Shares has a twelve month low of $183.78 and a twelve month high of $257.71.

About SPDR Gold Shares

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).