Pittenger & Anderson Inc. Purchases 41 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Pittenger & Anderson Inc. increased its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 25.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 199 shares of the exchange traded fund’s stock after purchasing an additional 41 shares during the period. Pittenger & Anderson Inc.’s holdings in SPDR Gold Shares were worth $48,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of GLD. Romano Brothers AND Company lifted its position in shares of SPDR Gold Shares by 1.0% in the third quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock valued at $1,002,000 after acquiring an additional 40 shares in the last quarter. Clarus Group Inc. lifted its holdings in SPDR Gold Shares by 2.2% in the 4th quarter. Clarus Group Inc. now owns 1,825 shares of the exchange traded fund’s stock worth $442,000 after purchasing an additional 40 shares in the last quarter. Magnus Financial Group LLC lifted its holdings in SPDR Gold Shares by 0.6% in the 4th quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock worth $1,780,000 after purchasing an additional 41 shares in the last quarter. Gradient Capital Advisors LLC boosted its stake in SPDR Gold Shares by 0.7% in the 4th quarter. Gradient Capital Advisors LLC now owns 5,743 shares of the exchange traded fund’s stock worth $1,391,000 after purchasing an additional 42 shares during the period. Finally, Spinnaker Trust grew its holdings in SPDR Gold Shares by 1.1% during the 3rd quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock valued at $956,000 after buying an additional 43 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

GLD stock opened at $266.29 on Tuesday. The company’s fifty day moving average price is $250.74 and its 200-day moving average price is $243.84. SPDR Gold Shares has a one year low of $184.84 and a one year high of $270.39.

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).