SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by O ROURKE & COMPANY Inc

O ROURKE & COMPANY Inc lifted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 9.4% during the first quarter, Holdings Channel reports. The institutional investor owned 2,567 shares of the exchange traded fund’s stock after acquiring an additional 221 shares during the quarter. O ROURKE & COMPANY Inc’s holdings in SPDR Gold Shares were worth $528,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. First Personal Financial Services acquired a new stake in shares of SPDR Gold Shares in the fourth quarter valued at about $25,000. Frazier Financial Advisors LLC purchased a new stake in shares of SPDR Gold Shares in the fourth quarter valued at about $26,000. Northwest Investment Counselors LLC acquired a new stake in SPDR Gold Shares during the first quarter worth about $26,000. Gold Investment Management Ltd. acquired a new stake in SPDR Gold Shares during the fourth quarter worth about $27,000. Finally, Security National Bank purchased a new position in SPDR Gold Shares during the first quarter worth about $28,000. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA GLD traded up $0.58 during mid-day trading on Monday, reaching $215.59. 3,697,996 shares of the company’s stock were exchanged, compared to its average volume of 7,315,656. SPDR Gold Shares has a 52-week low of $168.30 and a 52-week high of $225.66. The company’s 50-day moving average is $216.20 and its 200-day moving average is $202.93.

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).