1,131 Shares in SPDR Gold Shares (NYSEARCA:GLD) Purchased by Hapanowicz & Associates Financial Services Inc

Hapanowicz & Associates Financial Services Inc acquired a new position in SPDR Gold Shares (NYSEARCA:GLD) in the fourth quarter, HoldingsChannel reports. The fund acquired 1,131 shares of the exchange traded fund’s stock, valued at approximately $216,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. Moneta Group Investment Advisors LLC lifted its position in shares of SPDR Gold Shares by 67,584.6% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 3,037,008 shares of the exchange traded fund’s stock valued at $515,198,000 after buying an additional 3,032,521 shares during the last quarter. International Assets Investment Management LLC lifted its position in shares of SPDR Gold Shares by 19,989.3% during the fourth quarter. International Assets Investment Management LLC now owns 2,437,035 shares of the exchange traded fund’s stock valued at $465,888,000 after buying an additional 2,424,904 shares during the last quarter. State Street Corp lifted its position in shares of SPDR Gold Shares by 256.0% during the first quarter. State Street Corp now owns 1,142,717 shares of the exchange traded fund’s stock valued at $206,432,000 after buying an additional 821,773 shares during the last quarter. Toronto Dominion Bank lifted its position in shares of SPDR Gold Shares by 14.5% during the third quarter. Toronto Dominion Bank now owns 4,660,292 shares of the exchange traded fund’s stock valued at $799,007,000 after buying an additional 591,368 shares during the last quarter. Finally, Virtu Financial LLC purchased a new stake in shares of SPDR Gold Shares during the first quarter valued at about $100,880,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

Shares of GLD stock traded up $0.75 during mid-day trading on Thursday, hitting $220.34. 6,486,733 shares of the stock traded hands, compared to its average volume of 7,881,406. The stock’s fifty day moving average is $200.25 and its two-hundred day moving average is $190.27. SPDR Gold Shares has a 52-week low of $168.30 and a 52-week 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).