Savant Capital LLC Acquires 10,298 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Savant Capital LLC lifted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 49.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 31,238 shares of the exchange traded fund’s stock after purchasing an additional 10,298 shares during the period. Savant Capital LLC’s holdings in SPDR Gold Shares were worth $7,564,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. RAM Investment Partners LLC raised its holdings in SPDR Gold Shares by 35.6% in the fourth quarter. RAM Investment Partners LLC now owns 1,356 shares of the exchange traded fund’s stock worth $328,000 after purchasing an additional 356 shares in the last quarter. OMC Financial Services LTD raised its holdings in SPDR Gold Shares by 10.8% in the fourth quarter. OMC Financial Services LTD now owns 41,377 shares of the exchange traded fund’s stock worth $10,019,000 after purchasing an additional 4,028 shares in the last quarter. Wealthstar Advisors LLC bought a new position in SPDR Gold Shares in the fourth quarter worth $1,104,000. HTLF Bank raised its holdings in SPDR Gold Shares by 4.4% in the fourth quarter. HTLF Bank now owns 1,487 shares of the exchange traded fund’s stock worth $360,000 after purchasing an additional 62 shares in the last quarter. Finally, Kestra Private Wealth Services LLC raised its holdings in SPDR Gold Shares by 1.0% in the fourth quarter. Kestra Private Wealth Services LLC now owns 102,093 shares of the exchange traded fund’s stock worth $24,720,000 after purchasing an additional 968 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 1.7 %

GLD opened at $268.37 on Tuesday. The stock has a fifty day simple moving average of $248.30 and a two-hundred day simple moving average of $242.21. SPDR Gold Shares has a 12-month low of $183.78 and a 12-month high of $268.66.

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).