Wedgewood Investors Inc. PA Purchases 200 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Wedgewood Investors Inc. PA increased its position in SPDR Gold Shares (NYSEARCA:GLD) by 4.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,800 shares of the exchange traded fund’s stock after acquiring an additional 200 shares during the period. SPDR Gold Shares comprises approximately 1.4% of Wedgewood Investors Inc. PA’s holdings, making the stock its 18th largest position. Wedgewood Investors Inc. PA’s holdings in SPDR Gold Shares were worth $1,162,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in GLD. Ashton Thomas Securities LLC bought a new position in SPDR Gold Shares during the 3rd quarter valued at about $28,000. Roxbury Financial LLC purchased a new position in shares of SPDR Gold Shares during the fourth quarter valued at approximately $31,000. PayPay Securities Corp raised its holdings in shares of SPDR Gold Shares by 55.3% during the fourth quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 47 shares during the last quarter. Capital Performance Advisors LLP bought a new position in SPDR Gold Shares during the third quarter valued at approximately $35,000. Finally, Pittenger & Anderson Inc. purchased a new stake in SPDR Gold Shares in the third quarter worth approximately $38,000. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Down 1.5 %

Shares of GLD opened at $266.29 on Friday. The firm has a fifty day simple moving average of $250.74 and a two-hundred day simple moving average of $243.57. SPDR Gold Shares has a 1-year low of $184.84 and a 1-year high of $270.39.

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).