Alaska Permanent Capital Management Grows Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

Alaska Permanent Capital Management boosted its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 65.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,425 shares of the exchange traded fund’s stock after buying an additional 2,145 shares during the quarter. SPDR Gold Shares accounts for approximately 0.1% of Alaska Permanent Capital Management’s investment portfolio, making the stock its 25th largest position. Alaska Permanent Capital Management’s holdings in SPDR Gold Shares were worth $1,307,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Capital Advisors Inc. OK increased its position in SPDR Gold Shares by 99.1% during the 4th quarter. Capital Advisors Inc. OK now owns 3,603 shares of the exchange traded fund’s stock valued at $872,000 after purchasing an additional 1,793 shares during the period. Certuity LLC increased its holdings in SPDR Gold Shares by 63.9% during the fourth quarter. Certuity LLC now owns 2,962 shares of the exchange traded fund’s stock valued at $717,000 after buying an additional 1,155 shares during the period. Indiana Trust & Investment Management Co lifted its holdings in SPDR Gold Shares by 22.2% during the fourth quarter. Indiana Trust & Investment Management Co now owns 1,378 shares of the exchange traded fund’s stock worth $334,000 after buying an additional 250 shares during the period. Fortress Financial Solutions LLC purchased a new stake in SPDR Gold Shares during the fourth quarter worth $835,000. Finally, Gradient Capital Advisors LLC increased its holdings in shares of 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 valued at $1,391,000 after acquiring an additional 42 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.4 %

Shares of GLD stock opened at $267.39 on Wednesday. The stock’s 50-day moving average is $248.80 and its 200 day moving average is $242.56. SPDR Gold Shares has a 1-year low of $183.78 and a 1-year high of $268.66.

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).