Courier Capital LLC Purchases Shares of 1,323 SPDR Gold Shares (NYSEARCA:GLD)

Courier Capital LLC purchased a new stake in SPDR Gold Shares (NYSEARCA:GLD) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,323 shares of the exchange traded fund’s stock, valued at approximately $253,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Capital Market Strategies LLC boosted its holdings in SPDR Gold Shares by 4.6% in the fourth quarter. Capital Market Strategies LLC now owns 1,247 shares of the exchange traded fund’s stock valued at $238,000 after purchasing an additional 55 shares during the last quarter. Pensionmark Financial Group LLC boosted its holdings in SPDR Gold Shares by 1.1% in the first quarter. Pensionmark Financial Group LLC now owns 5,029 shares of the exchange traded fund’s stock valued at $921,000 after purchasing an additional 55 shares during the last quarter. IAG Wealth Partners LLC boosted its holdings in SPDR Gold Shares by 9.5% in the third quarter. IAG Wealth Partners LLC now owns 648 shares of the exchange traded fund’s stock valued at $111,000 after purchasing an additional 56 shares during the last quarter. Financial Sense Advisors Inc. boosted its holdings in 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 purchasing an additional 56 shares during the last quarter. Finally, Inspirion Wealth Advisors LLC boosted its holdings in SPDR Gold Shares by 0.9% in the third quarter. Inspirion Wealth Advisors LLC now owns 6,080 shares of the exchange traded fund’s stock valued at $1,042,000 after purchasing an additional 57 shares during the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

GLD stock opened at $203.10 on Thursday. The company’s 50-day simple moving average is $191.96 and its 200-day simple moving average is $186.22. SPDR Gold Shares has a 52-week low of $168.30 and a 52-week high of $203.92.

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).