Lazari Capital Management Inc. Raises Stake in SPDR Gold Shares (NYSEARCA:GLD)

Lazari Capital Management Inc. boosted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 7.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 1,293 shares of the exchange traded fund’s stock after purchasing an additional 91 shares during the period. Lazari Capital Management Inc.’s holdings in SPDR Gold Shares were worth $313,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of GLD. GoalFusion Wealth Management LLC grew its position in SPDR Gold Shares by 3.6% during the 3rd quarter. GoalFusion Wealth Management LLC now owns 15,007 shares of the exchange traded fund’s stock worth $3,648,000 after purchasing an additional 519 shares during the last quarter. WealthBridge Capital Management LLC lifted its stake in shares of SPDR Gold Shares by 3.4% in the 3rd quarter. WealthBridge Capital Management LLC now owns 20,150 shares of the exchange traded fund’s stock worth $4,898,000 after acquiring an additional 660 shares during the period. Davis Investment Partners LLC lifted its stake in shares of SPDR Gold Shares by 28.3% in the 3rd quarter. Davis Investment Partners LLC now owns 1,209 shares of the exchange traded fund’s stock worth $297,000 after acquiring an additional 267 shares during the period. Diversified Trust Co lifted its stake in shares of SPDR Gold Shares by 31.1% in the 3rd quarter. Diversified Trust Co now owns 3,854 shares of the exchange traded fund’s stock worth $937,000 after acquiring an additional 915 shares during the period. Finally, Smith Anglin Financial LLC lifted its stake in shares of SPDR Gold Shares by 60.5% in the 3rd quarter. Smith Anglin Financial LLC now owns 13,273 shares of the exchange traded fund’s stock worth $3,226,000 after acquiring an additional 5,001 shares during the period. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

GLD stock opened at $258.56 on Monday. SPDR Gold Shares has a one year low of $183.78 and a one year high of $259.99. The company has a fifty day moving average of $246.38 and a 200-day moving average of $240.80.

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).