Wedgewood Investors Inc. PA Increases Stake in SPDR Gold Shares (NYSEARCA:GLD)

Wedgewood Investors Inc. PA grew its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 4.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,800 shares of the exchange traded fund’s stock after acquiring an additional 200 shares during the period. SPDR Gold Shares accounts for 1.4% of Wedgewood Investors Inc. PA’s portfolio, making the stock its 18th largest holding. Wedgewood Investors Inc. PA’s holdings in SPDR Gold Shares were worth $1,162,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Ashton Thomas Securities LLC bought a new position in shares of SPDR Gold Shares during the 3rd quarter valued at approximately $28,000. Roxbury Financial LLC purchased a new position in SPDR Gold Shares during the fourth quarter valued at approximately $31,000. PayPay Securities Corp boosted its position in shares of SPDR Gold Shares by 55.3% in the fourth quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 47 shares during the period. Capital Performance Advisors LLP purchased a new stake in shares of SPDR Gold Shares in the third quarter worth $35,000. Finally, Pittenger & Anderson Inc. bought a new stake in shares of SPDR Gold Shares during the 3rd quarter valued at $38,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 1.5 %

Shares of SPDR Gold Shares stock opened at $266.29 on Friday. SPDR Gold Shares has a fifty-two week low of $184.84 and a fifty-two week high of $270.39. The company has a fifty day moving average of $250.74 and a 200 day moving average of $243.57.

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).