Fidelis Capital Partners LLC Buys Shares of 15,699 SPDR Gold Shares (NYSEARCA:GLD)

Fidelis Capital Partners LLC bought a new stake in SPDR Gold Shares (NYSEARCA:GLD) in the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 15,699 shares of the exchange traded fund’s stock, valued at approximately $3,001,000.

Other institutional investors also recently bought and sold shares of the company. Miracle Mile Advisors LLC grew its position in SPDR Gold Shares by 33.8% in the 4th quarter. Miracle Mile Advisors LLC now owns 2,401 shares of the exchange traded fund’s stock valued at $459,000 after acquiring an additional 607 shares in the last quarter. Syon Capital LLC acquired a new position in shares of SPDR Gold Shares during the third quarter worth about $6,972,000. Raymond James & Associates grew its position in shares of SPDR Gold Shares by 0.5% during the fourth quarter. Raymond James & Associates now owns 844,620 shares of the exchange traded fund’s stock worth $161,466,000 after buying an additional 4,242 shares in the last quarter. Marks Wealth LLC acquired a new position in shares of SPDR Gold Shares during the fourth quarter worth about $33,299,000. Finally, Planned Solutions Inc. acquired a new position in shares of SPDR Gold Shares during the fourth quarter worth about $65,000. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

Shares of SPDR Gold Shares stock traded up $0.75 on Thursday, reaching $220.34. 6,486,733 shares of the company were exchanged, compared to its average volume of 7,881,406. SPDR Gold Shares has a 1-year low of $168.30 and a 1-year high of $225.09. The stock’s 50 day moving average price is $200.25 and its 200-day moving average price is $190.27.

About SPDR Gold Shares

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).