2,288 Shares in SPDR Gold Shares (NYSEARCA:GLD) Bought by Barlow Wealth Partners Inc.

Barlow Wealth Partners Inc. purchased a new stake in SPDR Gold Shares (NYSEARCA:GLD) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 2,288 shares of the exchange traded fund’s stock, valued at approximately $437,000.

Several other institutional investors have also recently made changes to their positions in GLD. Compass Ion Advisors LLC grew its holdings in shares of SPDR Gold Shares by 0.7% in the fourth quarter. Compass Ion Advisors LLC now owns 8,313 shares of the exchange traded fund’s stock worth $1,589,000 after purchasing an additional 54 shares during the last quarter. Capital Market Strategies LLC boosted its position in SPDR Gold Shares by 4.6% during the 4th quarter. Capital Market Strategies LLC now owns 1,247 shares of the exchange traded fund’s stock valued at $238,000 after buying an additional 55 shares during the period. JB Capital LLC grew its holdings in SPDR Gold Shares by 2.4% in the 4th quarter. JB Capital LLC now owns 2,379 shares of the exchange traded fund’s stock worth $455,000 after acquiring an additional 55 shares during the last quarter. Financial Sense Advisors Inc. increased its position in shares of SPDR Gold Shares by 2.0% in the third quarter. Financial Sense Advisors Inc. now owns 2,891 shares of the exchange traded fund’s stock valued at $496,000 after acquiring an additional 56 shares during the period. Finally, Sandy Spring Bank raised its stake in shares of SPDR Gold Shares by 4.0% during the fourth quarter. Sandy Spring Bank now owns 1,456 shares of the exchange traded fund’s stock valued at $278,000 after acquiring an additional 56 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

NYSEARCA:GLD traded down $0.99 during trading hours on Tuesday, hitting $214.21. The company had a trading volume of 5,659,460 shares, compared to its average volume of 7,932,338. The stock has a 50-day moving average price of $208.23 and a 200 day moving average price of $194.39. SPDR Gold Shares has a 52 week low of $168.30 and a 52 week high of $225.09.

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).