Fiduciary Alliance LLC Boosts Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

Fiduciary Alliance LLC boosted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 16.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,778 shares of the exchange traded fund’s stock after purchasing an additional 393 shares during the quarter. Fiduciary Alliance LLC’s holdings in SPDR Gold Shares were worth $673,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in GLD. RDA Financial Network boosted its stake in shares of SPDR Gold Shares by 1.8% during the 3rd quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock worth $1,231,000 after purchasing an additional 88 shares during the period. Advance Capital Management Inc. increased its stake in SPDR Gold Shares by 9.4% in the fourth quarter. Advance Capital Management Inc. now owns 3,683 shares of the exchange traded fund’s stock worth $892,000 after purchasing an additional 316 shares during the period. Centaurus Financial Inc. lifted its position in shares of SPDR Gold Shares by 10.1% during the second quarter. Centaurus Financial Inc. now owns 39,597 shares of the exchange traded fund’s stock worth $8,514,000 after purchasing an additional 3,630 shares during the last quarter. Inspirion Wealth Advisors LLC grew its holdings in shares of SPDR Gold Shares by 0.8% in the third quarter. Inspirion Wealth Advisors LLC now owns 6,180 shares of the exchange traded fund’s stock worth $1,502,000 after purchasing an additional 50 shares during the last quarter. Finally, GSA Capital Partners LLP bought a new position in shares of SPDR Gold Shares in the third quarter worth about $564,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 1.0 %

Shares of GLD stock opened at $245.74 on Tuesday. SPDR Gold Shares has a twelve month low of $183.78 and a twelve month high of $257.71. The stock has a fifty day simple moving average of $243.87 and a two-hundred day simple moving average of $237.59.

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).