Golden State Equity Partners Acquires 55 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Golden State Equity Partners raised its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 6.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 962 shares of the exchange traded fund’s stock after buying an additional 55 shares during the quarter. Golden State Equity Partners’ holdings in SPDR Gold Shares were worth $233,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of GLD. Romano Brothers AND Company raised its stake in shares of SPDR Gold Shares by 1.0% in the third quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock valued at $1,002,000 after acquiring an additional 40 shares during the period. Magnus Financial Group LLC increased its stake in SPDR Gold Shares by 0.6% in the 4th quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock worth $1,780,000 after buying an additional 41 shares during the period. Spinnaker Trust increased its stake in SPDR Gold Shares by 1.1% in the 3rd quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock worth $956,000 after buying an additional 43 shares during the period. Adirondack Trust Co. increased its stake in SPDR Gold Shares by 3.3% in the 4th quarter. Adirondack Trust Co. now owns 1,349 shares of the exchange traded fund’s stock worth $327,000 after buying an additional 43 shares during the period. Finally, Compton Wealth Advisory Group LLC increased its stake in SPDR Gold Shares by 3.2% in the 3rd quarter. Compton Wealth Advisory Group LLC now owns 1,409 shares of the exchange traded fund’s stock worth $342,000 after buying an additional 44 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.0 %

GLD stock opened at $262.50 on Wednesday. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $262.54. The firm’s 50-day moving average is $246.73 and its 200 day moving average is $241.04.

SPDR Gold Shares Company 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).