Oxbow Advisors LLC Boosts Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Oxbow Advisors LLC grew its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 6.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 29,133 shares of the exchange traded fund’s stock after acquiring an additional 1,799 shares during the quarter. Oxbow Advisors LLC’s holdings in SPDR Gold Shares were worth $7,054,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Ashton Thomas Securities LLC purchased a new position in shares of SPDR Gold Shares in the 3rd quarter worth about $28,000. Roxbury Financial LLC purchased a new position in shares of SPDR Gold Shares in the 4th quarter worth about $31,000. PayPay Securities Corp boosted its holdings in shares of SPDR Gold Shares by 55.3% in the 4th quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 47 shares during the last quarter. Capital Performance Advisors LLP purchased a new position in shares of SPDR Gold Shares in the 3rd quarter worth about $35,000. Finally, Pittenger & Anderson Inc. purchased a new position in shares of SPDR Gold Shares in the 3rd quarter worth about $38,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

Shares of NYSEARCA:GLD opened at $270.74 on Friday. The company’s 50-day moving average is $253.00 and its 200 day moving average is $245.15. SPDR Gold Shares has a fifty-two week low of $187.05 and a fifty-two week high of $271.84.

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).