Clear Creek Financial Management LLC Grows Position in SPDR Gold Shares (NYSEARCA:GLD)

Clear Creek Financial Management LLC raised its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 46.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 3,487 shares of the exchange traded fund’s stock after purchasing an additional 1,104 shares during the period. Clear Creek Financial Management LLC’s holdings in SPDR Gold Shares were worth $513,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in GLD. Biltmore Wealth Management LLC lifted its stake in shares of SPDR Gold Shares by 2.0% during the 4th quarter. Biltmore Wealth Management LLC now owns 33,085 shares of the exchange traded fund’s stock valued at $4,728,000 after buying an additional 635 shares in the last quarter. Compass Ion Advisors LLC bought a new position in SPDR Gold Shares in the 4th quarter worth $4,974,000. We Are One Seven LLC increased its stake in SPDR Gold Shares by 152.7% in the 4th quarter. We Are One Seven LLC now owns 8,557 shares of the exchange traded fund’s stock worth $1,222,000 after buying an additional 5,171 shares in the last quarter. Wedbush Securities Inc. increased its stake in SPDR Gold Shares by 3.0% in the 4th quarter. Wedbush Securities Inc. now owns 25,826 shares of the exchange traded fund’s stock worth $3,691,000 after buying an additional 741 shares in the last quarter. Finally, AE Wealth Management LLC increased its stake in SPDR Gold Shares by 46.4% in the 4th quarter. AE Wealth Management LLC now owns 206,077 shares of the exchange traded fund’s stock worth $29,448,000 after buying an additional 65,317 shares in the last quarter.

NYSEARCA:GLD traded up $0.24 on Friday, reaching $146.55. 1,725,368 shares of the company’s stock traded hands, compared to its average volume of 9,849,591. The stock has a 50-day simple moving average of $141.56 and a 200-day simple moving average of $139.85. SPDR Gold Shares has a 12 month low of $119.54 and a 12 month high of $148.61.

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).

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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