Strategic Financial Concepts LLC Has $147.43 Million Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Strategic Financial Concepts LLC grew its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 24,600.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 608,876 shares of the exchange traded fund’s stock after buying an additional 606,411 shares during the quarter. Strategic Financial Concepts LLC owned approximately 0.20% of SPDR Gold Shares worth $147,427,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of GLD. RDA Financial Network lifted its position in shares of SPDR Gold Shares by 1.8% in the third quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock valued at $1,231,000 after buying an additional 88 shares during the last quarter. Advance Capital Management Inc. lifted 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 valued at $892,000 after purchasing an additional 316 shares during the last quarter. GSA Capital Partners LLP bought a new position in SPDR Gold Shares during the third quarter worth $564,000. Beaird Harris Wealth Management LLC boosted its position in SPDR Gold Shares by 25.4% during the third quarter. Beaird Harris Wealth Management LLC now owns 2,051 shares of the exchange traded fund’s stock worth $499,000 after purchasing an additional 416 shares during the period. Finally, ORG Wealth Partners LLC acquired a new position in shares of SPDR Gold Shares in the third quarter valued at $46,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

NYSEARCA GLD opened at $263.43 on Friday. The firm has a 50-day moving average of $247.54 and a 200-day moving average of $241.49. SPDR Gold Shares has a 52-week low of $183.78 and a 52-week high of $265.99.

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).