Norris Perne & French LLP MI Raises Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Norris Perne & French LLP MI increased its stake in SPDR Gold Shares (NYSEARCA:GLD) by 8.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,045 shares of the exchange traded fund’s stock after purchasing an additional 85 shares during the quarter. Norris Perne & French LLP MI’s holdings in SPDR Gold Shares were worth $253,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Romano Brothers AND Company lifted its position in shares of SPDR Gold Shares by 1.0% during 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. Delta Financial Group Inc. lifted its holdings in shares of SPDR Gold Shares by 1.2% in the 3rd quarter. Delta Financial Group Inc. now owns 3,492 shares of the exchange traded fund’s stock valued at $849,000 after buying an additional 41 shares during the period. Magnus Financial Group LLC increased its holdings in shares of SPDR Gold Shares by 0.6% during the 4th quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock valued at $1,780,000 after purchasing an additional 41 shares in the last quarter. Spinnaker Trust grew its position in shares of SPDR Gold Shares by 1.1% during the 3rd quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock valued at $956,000 after acquiring an additional 43 shares during the period. Finally, Adirondack Trust Co. raised its stake in shares of SPDR Gold Shares by 3.3% during the 4th quarter. Adirondack Trust Co. now owns 1,349 shares of the exchange traded fund’s stock worth $327,000 after buying an additional 43 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.5 %

SPDR Gold Shares stock opened at $258.05 on Friday. The company has a fifty day simple moving average of $245.98 and a 200-day simple moving average of $240.26. SPDR Gold Shares has a 52-week low of $183.78 and a 52-week high of $258.29.

About SPDR Gold Shares

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).