Fisher Asset Management LLC Purchases 396 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Fisher Asset Management LLC increased its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 7.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,588 shares of the exchange traded fund’s stock after acquiring an additional 396 shares during the quarter. Fisher Asset Management LLC’s holdings in SPDR Gold Shares were worth $1,068,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. First Personal Financial Services acquired a new position in SPDR Gold Shares during the 4th quarter valued at about $25,000. Johnson Midwest Financial LLC boosted its stake in SPDR Gold Shares by 350.0% in the third quarter. Johnson Midwest Financial LLC now owns 180 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 140 shares during the last quarter. Private Ocean LLC grew its holdings in SPDR Gold Shares by 232.7% during the 4th quarter. Private Ocean LLC now owns 163 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 114 shares during the period. Naples Money Management LLC bought a new stake in shares of SPDR Gold Shares during the 4th quarter valued at $31,000. Finally, GAMMA Investing LLC bought a new stake in shares of SPDR Gold Shares during the 4th quarter valued at $33,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.6 %

Shares of SPDR Gold Shares stock opened at $216.95 on Friday. The business has a fifty day simple moving average of $208.74 and a 200 day simple moving average of $194.52. SPDR Gold Shares has a 12 month low of $168.30 and a 12 month 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).