SPDR Gold Shares (NYSEARCA:GLD) Shares Purchased by Pegasus Asset Management Inc.

Pegasus Asset Management Inc. lifted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 14.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,828 shares of the exchange traded fund’s stock after acquiring an additional 740 shares during the quarter. Pegasus Asset Management Inc.’s holdings in SPDR Gold Shares were worth $1,253,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. International Assets Investment Management LLC grew its holdings in shares of SPDR Gold Shares by 5.1% during the 4th quarter. International Assets Investment Management LLC now owns 12,748 shares of the exchange traded fund’s stock worth $2,437,000 after purchasing an additional 617 shares in the last quarter. Parkside Financial Bank & Trust grew its stake in SPDR Gold Shares by 333.3% in the 4th quarter. Parkside Financial Bank & Trust now owns 247 shares of the exchange traded fund’s stock valued at $47,000 after buying an additional 190 shares during the last quarter. GAMMA Investing LLC bought a new position in shares of SPDR Gold Shares during the fourth quarter worth approximately $33,000. Wolverine Asset Management LLC raised its position in shares of SPDR Gold Shares by 2.3% in the 4th quarter. Wolverine Asset Management LLC now owns 3,580 shares of the exchange traded fund’s stock valued at $684,000 after buying an additional 80 shares in the last quarter. Finally, New England Private Wealth Advisors LLC boosted its stake in shares of SPDR Gold Shares by 45.7% in the 4th quarter. New England Private Wealth Advisors LLC now owns 7,241 shares of the exchange traded fund’s stock valued at $1,384,000 after purchasing an additional 2,272 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 NYSEARCA GLD traded up $0.74 during midday trading on Monday, reaching $232.76. The stock had a trading volume of 3,116,510 shares, compared to its average volume of 7,170,623. The company’s 50 day moving average price is $222.48 and its 200 day moving average price is $213.12. SPDR Gold Shares has a twelve month low of $168.30 and a twelve month high of $234.01.

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).