Nadler Financial Group Inc. Has $1.50 Million Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

Nadler Financial Group Inc. lifted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 1.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 7,836 shares of the exchange traded fund’s stock after buying an additional 80 shares during the period. Nadler Financial Group Inc.’s holdings in SPDR Gold Shares were worth $1,498,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of GLD. Disciplined Equity Management Inc. bought a new position in SPDR Gold Shares during the fourth quarter worth about $95,000. Bailard Inc. grew its holdings in SPDR Gold Shares by 5,040.4% during the fourth quarter. Bailard Inc. now owns 349,291 shares of the exchange traded fund’s stock worth $66,774,000 after purchasing an additional 342,496 shares during the period. Wolverine Asset Management LLC grew its holdings in SPDR Gold Shares by 2.3% during the fourth quarter. Wolverine Asset Management LLC now owns 3,580 shares of the exchange traded fund’s stock worth $684,000 after purchasing an additional 80 shares during the period. GAMMA Investing LLC bought a new position in SPDR Gold Shares during the fourth quarter worth about $33,000. Finally, Eudaimonia Advisors LLC boosted its holdings in shares of SPDR Gold Shares by 3.5% during the fourth quarter. Eudaimonia Advisors LLC now owns 1,867 shares of the exchange traded fund’s stock worth $357,000 after acquiring an additional 64 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.1 %

Shares of NYSEARCA:GLD traded up $0.29 during trading on Friday, reaching $216.21. 3,022,586 shares of the stock were exchanged, compared to its average volume of 7,891,105. SPDR Gold Shares has a 12 month low of $168.30 and a 12 month high of $225.09. The stock has a 50-day moving average price of $203.95 and a 200-day moving average price of $192.11.

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).