Destiny Wealth Partners LLC Increases Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Destiny Wealth Partners LLC grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 5.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,361 shares of the exchange traded fund’s stock after acquiring an additional 180 shares during the quarter. Destiny Wealth Partners LLC’s holdings in SPDR Gold Shares were worth $814,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. RDA Financial Network boosted its stake in 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 valued at $1,231,000 after purchasing an additional 88 shares during the last quarter. Advance Capital Management Inc. boosted its position in shares of SPDR Gold Shares by 9.4% during the fourth quarter. Advance Capital Management Inc. now owns 3,683 shares of the exchange traded fund’s stock valued at $892,000 after buying an additional 316 shares during the last quarter. Inspirion Wealth Advisors LLC increased its holdings 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 worth $1,502,000 after buying an additional 50 shares in the last quarter. GSA Capital Partners LLP purchased a new position in SPDR Gold Shares in the 3rd quarter worth about $564,000. Finally, Beaird Harris Wealth Management LLC lifted its stake in SPDR Gold Shares by 25.4% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 2,051 shares of the exchange traded fund’s stock valued at $499,000 after acquiring an additional 416 shares during the period. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.2 %

Shares of GLD stock opened at $258.56 on Friday. The company has a 50 day moving average price of $246.38 and a 200-day moving average price of $240.62. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $259.99.

About SPDR Gold Shares

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).