SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by Total Investment Management Inc.

Total Investment Management Inc. boosted its position in SPDR Gold Shares (NYSEARCA:GLD) by 1.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 251,280 shares of the exchange traded fund’s stock after acquiring an additional 4,081 shares during the quarter. SPDR Gold Shares accounts for about 6.1% of Total Investment Management Inc.’s holdings, making the stock its 10th biggest holding. Total Investment Management Inc.’s holdings in SPDR Gold Shares were worth $48,037,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in GLD. First Personal Financial Services purchased a new stake in SPDR Gold Shares during the 4th quarter worth about $25,000. Private Ocean LLC lifted its stake in SPDR Gold Shares by 232.7% during the fourth quarter. Private Ocean LLC now owns 163 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 114 shares during the last quarter. Naples Money Management LLC acquired a new position in SPDR Gold Shares in the fourth quarter valued at approximately $31,000. GAMMA Investing LLC purchased a new position in SPDR Gold Shares in the fourth quarter valued at approximately $33,000. Finally, Johnson Midwest Financial LLC increased its stake in SPDR Gold Shares by 350.0% in the third quarter. Johnson Midwest Financial LLC now owns 180 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 140 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA:GLD opened at $216.62 on Friday. The firm has a 50 day simple moving average of $204.56 and a 200-day simple moving average of $192.56. SPDR Gold Shares has a twelve month low of $168.30 and a twelve month high of $225.09.

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).