SPDR Gold Shares (NYSEARCA:GLD) Shares Purchased by Compass Wealth Management LLC

Compass Wealth Management LLC increased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 4.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,016 shares of the exchange traded fund’s stock after buying an additional 45 shares during the period. Compass Wealth Management LLC’s holdings in SPDR Gold Shares were worth $246,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. RDA Financial Network increased its position in shares of SPDR Gold Shares by 1.8% during the third quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock worth $1,231,000 after acquiring an additional 88 shares during the period. Advance Capital Management Inc. increased its holdings in SPDR Gold Shares by 9.4% during the 4th 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. increased its holdings in SPDR Gold Shares by 10.1% during the 2nd 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 period. Inspirion Wealth Advisors LLC raised its position in SPDR Gold Shares by 0.8% in the 3rd quarter. Inspirion Wealth Advisors LLC now owns 6,180 shares of the exchange traded fund’s stock valued at $1,502,000 after purchasing an additional 50 shares in the last quarter. Finally, GSA Capital Partners LLP purchased a new position in shares of SPDR Gold Shares in the 3rd quarter valued at about $564,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

GLD stock opened at $255.65 on Friday. The company’s 50 day moving average price is $245.31 and its 200 day moving average price is $239.43. SPDR Gold Shares has a fifty-two week low of $183.78 and a fifty-two week high of $257.71.

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).