Valley Wealth Managers Inc. Buys 208 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Valley Wealth Managers Inc. boosted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 95.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 425 shares of the exchange traded fund’s stock after purchasing an additional 208 shares during the quarter. Valley Wealth Managers Inc.’s holdings in SPDR Gold Shares were worth $103,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the stock. Bfsg LLC boosted its holdings in SPDR Gold Shares by 39.9% in the fourth quarter. Bfsg LLC now owns 42,184 shares of the exchange traded fund’s stock valued at $10,214,000 after acquiring an additional 12,040 shares in the last quarter. BKM Wealth Management LLC boosted its holdings in SPDR Gold Shares by 5.9% in the fourth quarter. BKM Wealth Management LLC now owns 5,838 shares of the exchange traded fund’s stock valued at $1,414,000 after acquiring an additional 327 shares in the last quarter. Kestra Investment Management LLC bought a new stake in SPDR Gold Shares in the fourth quarter valued at $154,000. Venturi Wealth Management LLC boosted its holdings in SPDR Gold Shares by 17.4% in the fourth quarter. Venturi Wealth Management LLC now owns 1,256 shares of the exchange traded fund’s stock valued at $304,000 after acquiring an additional 186 shares in the last quarter. Finally, Empower Advisory Group LLC boosted its holdings in SPDR Gold Shares by 3.0% in the fourth quarter. Empower Advisory Group LLC now owns 9,068 shares of the exchange traded fund’s stock valued at $2,196,000 after acquiring an additional 263 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 1.7 %

NYSEARCA:GLD opened at $270.70 on Wednesday. The firm’s fifty day simple moving average is $251.61 and its 200 day simple moving average is $244.45. SPDR Gold Shares has a twelve month low of $187.05 and a twelve month high of $271.01.

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).