VanderPol Investments L.L.C. Takes $258,000 Position in SPDR Gold Shares (NYSEARCA:GLD)

VanderPol Investments L.L.C. acquired a new stake in SPDR Gold Shares (NYSEARCA:GLD) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 1,065 shares of the exchange traded fund’s stock, valued at approximately $258,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. AQR Capital Management LLC raised its stake in SPDR Gold Shares by 4.2% during the 2nd quarter. AQR Capital Management LLC now owns 94,939 shares of the exchange traded fund’s stock worth $20,413,000 after acquiring an additional 3,839 shares in the last quarter. Sunbelt Securities Inc. raised its stake in SPDR Gold Shares by 2.2% during the 2nd quarter. Sunbelt Securities Inc. now owns 2,116 shares of the exchange traded fund’s stock worth $455,000 after acquiring an additional 45 shares in the last quarter. EP Wealth Advisors LLC raised its stake in SPDR Gold Shares by 2.3% during the 2nd quarter. EP Wealth Advisors LLC now owns 40,533 shares of the exchange traded fund’s stock worth $8,715,000 after acquiring an additional 901 shares in the last quarter. Truist Financial Corp raised its stake in SPDR Gold Shares by 5.2% during the 2nd quarter. Truist Financial Corp now owns 442,987 shares of the exchange traded fund’s stock worth $95,247,000 after acquiring an additional 22,095 shares in the last quarter. Finally, Granite Bay Wealth Management LLC raised its stake in SPDR Gold Shares by 366.3% during the 2nd quarter. Granite Bay Wealth Management LLC now owns 9,475 shares of the exchange traded fund’s stock worth $2,037,000 after acquiring an additional 7,443 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

NYSEARCA:GLD traded down $1.23 during midday trading on Wednesday, hitting $253.95. 1,223,239 shares of the company were exchanged, compared to its average volume of 6,378,467. The company has a fifty day simple moving average of $245.79 and a 200 day simple moving average of $240.16. SPDR Gold Shares has a fifty-two week low of $183.78 and a fifty-two week high of $257.71.

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).