2,393 Shares in SPDR Gold Shares (NYSEARCA:GLD) Acquired by Van Cleef Asset Management Inc

Van Cleef Asset Management Inc bought a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 2,393 shares of the exchange traded fund’s stock, valued at approximately $457,000.

Other hedge funds have also recently bought and sold shares of the company. First Personal Financial Services acquired a new stake in SPDR Gold Shares during the 4th quarter worth approximately $25,000. Private Ocean LLC raised its holdings in shares of SPDR Gold Shares by 232.7% in the fourth quarter. Private Ocean LLC now owns 163 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 114 shares during the last quarter. Naples Money Management LLC acquired a new stake in shares of SPDR Gold Shares in the fourth quarter valued at approximately $31,000. GAMMA Investing LLC acquired a new stake in shares of SPDR Gold Shares in the fourth quarter valued at approximately $33,000. Finally, Johnson Midwest Financial LLC raised its holdings in shares of SPDR Gold Shares by 350.0% in the third quarter. Johnson Midwest Financial LLC now owns 180 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 140 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

Shares of NYSEARCA GLD traded up $1.28 during midday trading on Thursday, reaching $215.92. The company’s stock had a trading volume of 6,604,272 shares, compared to its average volume of 7,953,503. SPDR Gold Shares has a fifty-two week low of $168.30 and a fifty-two week high of $225.09. The stock has a 50 day simple moving average of $203.35 and a 200-day simple moving average of $191.95.

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).