SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by InterOcean Capital Group LLC

InterOcean Capital Group LLC increased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 6.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,570 shares of the exchange traded fund’s stock after buying an additional 1,849 shares during the quarter. InterOcean Capital Group LLC’s holdings in SPDR Gold Shares were worth $5,653,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in GLD. First Personal Financial Services bought a new position in SPDR Gold Shares in the 4th quarter worth approximately $25,000. Johnson Midwest Financial LLC grew its stake in shares of 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 worth $31,000 after purchasing an additional 140 shares in the last quarter. Private Ocean LLC increased its holdings in shares of SPDR Gold Shares by 232.7% during the fourth quarter. Private Ocean LLC now owns 163 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 114 shares during the period. Naples Money Management LLC bought a new stake in shares of SPDR Gold Shares during the fourth quarter valued at about $31,000. Finally, Advantage Trust Co acquired a new stake in SPDR Gold Shares in the fourth quarter worth about $32,000. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

GLD traded down $3.19 on Wednesday, reaching $221.04. The company had a trading volume of 4,259,797 shares, compared to its average volume of 7,743,353. The company has a fifty day moving average of $212.85 and a 200-day moving average of $196.89. SPDR Gold Shares has a one year low of $168.30 and a one year high of $225.66.

SPDR Gold Shares 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).