SPDR Gold Shares (NYSEARCA:GLD) Stake Raised by Centennial Wealth Advisory LLC

Centennial Wealth Advisory LLC grew its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 0.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 8,464 shares of the exchange traded fund’s stock after acquiring an additional 69 shares during the quarter. SPDR Gold Shares comprises approximately 0.8% of Centennial Wealth Advisory LLC’s holdings, making the stock its 20th largest position. Centennial Wealth Advisory LLC’s holdings in SPDR Gold Shares were worth $2,049,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of GLD. Ashton Thomas Securities LLC bought a new position in SPDR Gold Shares during the 3rd quarter valued at $28,000. Capital Performance Advisors LLP bought a new stake in shares of SPDR Gold Shares during the 3rd quarter worth $35,000. Pittenger & Anderson Inc. acquired a new position in shares of SPDR Gold Shares in the 3rd quarter worth $38,000. Sugarloaf Wealth Management LLC lifted its holdings in shares of SPDR Gold Shares by 78.9% during the third quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 71 shares during the last quarter. Finally, Maryland Capital Advisors Inc. purchased a new position in SPDR Gold Shares in the 3rd quarter worth about $40,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.6 %

GLD stock opened at $264.13 on Thursday. SPDR Gold Shares has a one year low of $183.78 and a one year high of $265.99. The firm has a 50-day moving average of $247.12 and a two-hundred day moving average of $241.33.

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).