Evermay Wealth Management LLC Has $184,000 Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Evermay Wealth Management LLC grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 15.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 759 shares of the exchange traded fund’s stock after purchasing an additional 100 shares during the quarter. Evermay Wealth Management LLC’s holdings in SPDR Gold Shares were worth $184,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Ashton Thomas Securities LLC acquired a new position in SPDR Gold Shares during the third quarter worth approximately $28,000. Capital Performance Advisors LLP bought a new position in shares of SPDR Gold Shares during the 3rd quarter worth approximately $35,000. Pittenger & Anderson Inc. acquired a new position in shares of SPDR Gold Shares during the 3rd quarter worth approximately $38,000. Sugarloaf Wealth Management LLC raised its stake in SPDR Gold Shares by 78.9% in the 3rd quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 71 shares during the period. Finally, Maryland Capital Advisors Inc. acquired a new stake in SPDR Gold Shares during the 3rd quarter valued at $40,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of GLD stock opened at $258.56 on Friday. SPDR Gold Shares has a 12-month low of $183.78 and a 12-month high of $259.99. The firm has a 50 day moving average price of $246.38 and a two-hundred day moving average price of $240.62.

SPDR Gold Shares Company 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).