Hansen & Associates Financial Group Inc. Has $2.15 Million Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

Hansen & Associates Financial Group Inc. lowered its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 74.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,899 shares of the exchange traded fund’s stock after selling 25,668 shares during the quarter. SPDR Gold Shares comprises 1.1% of Hansen & Associates Financial Group Inc.’s investment portfolio, making the stock its 10th biggest holding. Hansen & Associates Financial Group Inc.’s holdings in SPDR Gold Shares were worth $2,148,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of GLD. International Assets Investment Management LLC boosted its stake in SPDR Gold Shares by 21,571.1% during the third quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock worth $735,169,000 after acquiring an additional 3,010,682 shares in the last quarter. Stifel Financial Corp boosted its position in shares of SPDR Gold Shares by 13.9% during the 3rd quarter. Stifel Financial Corp now owns 822,531 shares of the exchange traded fund’s stock worth $199,924,000 after purchasing an additional 100,149 shares in the last quarter. State Street Corp grew its stake in shares of SPDR Gold Shares by 6.6% in the 3rd quarter. State Street Corp now owns 764,315 shares of the exchange traded fund’s stock valued at $185,774,000 after buying an additional 47,507 shares during the period. US Bancorp DE increased its position in SPDR Gold Shares by 0.5% in the 3rd quarter. US Bancorp DE now owns 691,648 shares of the exchange traded fund’s stock valued at $168,112,000 after buying an additional 3,614 shares in the last quarter. Finally, Rockefeller Capital Management L.P. raised its stake in SPDR Gold Shares by 4.9% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 665,498 shares of the exchange traded fund’s stock worth $161,670,000 after buying an additional 30,952 shares during the period. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

NYSEARCA GLD opened at $258.05 on Friday. The company has a fifty day simple moving average of $245.98 and a 200 day simple moving average of $240.26. SPDR Gold Shares has a 12-month low of $183.78 and a 12-month high of $258.29.

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).