Columbus Macro LLC Raises Stake in SPDR Gold Shares (NYSEARCA:GLD)

Columbus Macro LLC boosted its holdings in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 2.2% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,550 shares of the exchange traded fund’s stock after purchasing an additional 76 shares during the quarter. Columbus Macro LLC’s holdings in SPDR Gold Shares were worth $730,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. American National Bank grew its stake in shares of SPDR Gold Shares by 50.0% in the 1st quarter. American National Bank now owns 150 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 50 shares during the last quarter. Wealth Management Partners LLC boosted its holdings in SPDR Gold Shares by 3.1% in the first quarter. Wealth Management Partners LLC now owns 1,720 shares of the exchange traded fund’s stock worth $354,000 after acquiring an additional 51 shares in the last quarter. Compass Ion Advisors LLC increased its holdings in shares of SPDR Gold Shares by 0.7% during the fourth quarter. Compass Ion Advisors LLC now owns 8,313 shares of the exchange traded fund’s stock valued at $1,589,000 after acquiring an additional 54 shares in the last quarter. Capital Market Strategies LLC raised its position in shares of SPDR Gold Shares by 4.6% in the 4th quarter. Capital Market Strategies LLC now owns 1,247 shares of the exchange traded fund’s stock worth $238,000 after purchasing an additional 55 shares during the last quarter. Finally, JB Capital LLC raised its position in shares of SPDR Gold Shares by 2.4% in the 4th quarter. JB Capital LLC now owns 2,379 shares of the exchange traded fund’s stock worth $455,000 after purchasing an additional 55 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

GLD stock traded down $1.07 during trading on Tuesday, hitting $214.56. 3,824,556 shares of the stock traded hands, compared to its average volume of 7,414,158. SPDR Gold Shares has a 1 year low of $168.30 and a 1 year high of $225.66. The firm’s 50 day moving average is $216.70 and its two-hundred day moving average is $202.11.

About SPDR Gold Shares

(Free Report)

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).

Further Reading

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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