SPDR Gold Shares (NYSEARCA:GLD) Shares Purchased by First City Capital Management Inc.

First City Capital Management Inc. lifted its position in SPDR Gold Shares (NYSEARCA:GLD) by 6.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,120 shares of the exchange traded fund’s stock after acquiring an additional 195 shares during the quarter. First City Capital Management Inc.’s holdings in SPDR Gold Shares were worth $758,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Ameritas Investment Partners Inc. lifted its holdings in shares of SPDR Gold Shares by 19.5% in the 1st quarter. Ameritas Investment Partners Inc. now owns 890 shares of the exchange traded fund’s stock worth $183,000 after purchasing an additional 145 shares during the last quarter. O Shaughnessy Asset Management LLC lifted its holdings in shares of SPDR Gold Shares by 15.1% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 3,905 shares of the exchange traded fund’s stock worth $803,000 after purchasing an additional 513 shares during the last quarter. Lake Street Advisors Group LLC lifted its holdings in shares of SPDR Gold Shares by 44.4% in the 1st quarter. Lake Street Advisors Group LLC now owns 3,960 shares of the exchange traded fund’s stock worth $815,000 after purchasing an additional 1,217 shares during the last quarter. Evermay Wealth Management LLC lifted its holdings in shares of SPDR Gold Shares by 67.7% in the 1st quarter. Evermay Wealth Management LLC now owns 659 shares of the exchange traded fund’s stock worth $136,000 after purchasing an additional 266 shares during the last quarter. Finally, Elgethun Capital Management bought a new stake in shares of SPDR Gold Shares in the 1st quarter worth approximately $732,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.9 %

Shares of SPDR Gold Shares stock opened at $241.09 on Tuesday. The business’s fifty day moving average price is $245.14 and its two-hundred day moving average price is $229.84. SPDR Gold Shares has a 1-year low of $182.23 and a 1-year high of $257.71.

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).