SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by Symphony Financial Ltd. Co.

Symphony Financial Ltd. Co. boosted its position in SPDR Gold Shares (NYSEARCA:GLD) by 0.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,760 shares of the exchange traded fund’s stock after purchasing an additional 49 shares during the period. SPDR Gold Shares comprises 1.2% of Symphony Financial Ltd. Co.’s investment portfolio, making the stock its 24th biggest position. Symphony Financial Ltd. Co.’s holdings in SPDR Gold Shares were worth $7,533,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ashton Thomas Securities LLC purchased a new stake in SPDR Gold Shares in the 3rd quarter valued at approximately $28,000. Capital Performance Advisors LLP acquired a new position in shares of SPDR Gold Shares in the third quarter worth $35,000. Pittenger & Anderson Inc. purchased a new stake in shares of SPDR Gold Shares in the third quarter valued at $38,000. Sugarloaf Wealth Management LLC boosted its stake 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 acquiring an additional 71 shares during the last quarter. Finally, Maryland Capital Advisors Inc. acquired a new stake in shares of SPDR Gold Shares during the third quarter valued at $40,000. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

Shares of GLD stock opened at $258.56 on Friday. The firm 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 twelve month low of $183.78 and a twelve month 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).