SPDR Gold Shares (NYSEARCA:GLD) Shares Bought by Lyell Wealth Management LP

Lyell Wealth Management LP boosted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 9.3% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 39,441 shares of the exchange traded fund’s stock after acquiring an additional 3,343 shares during the period. Lyell Wealth Management LP’s holdings in SPDR Gold Shares were worth $9,550,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in GLD. Romano Brothers AND Company raised its position in shares of 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 buying an additional 40 shares during the last quarter. Clarus Group Inc. increased its position in SPDR Gold Shares by 2.2% during the fourth quarter. Clarus Group Inc. now owns 1,825 shares of the exchange traded fund’s stock worth $442,000 after purchasing an additional 40 shares during the last quarter. Magnus Financial Group LLC increased its position in SPDR Gold Shares by 0.6% during the fourth quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock worth $1,780,000 after purchasing an additional 41 shares during the last quarter. Pittenger & Anderson Inc. increased its position in SPDR Gold Shares by 25.9% during the fourth quarter. Pittenger & Anderson Inc. now owns 199 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 41 shares during the last quarter. Finally, Gradient Capital Advisors LLC increased its position in SPDR Gold Shares by 0.7% during the fourth quarter. Gradient Capital Advisors LLC now owns 5,743 shares of the exchange traded fund’s stock worth $1,391,000 after purchasing an additional 42 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $270.70 on Wednesday. SPDR Gold Shares has a 12-month low of $187.05 and a 12-month high of $271.01. The company has a 50-day moving average price of $251.61 and a 200 day moving average price of $244.45.

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).