RWA Wealth Partners LLC Boosts Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

RWA Wealth Partners LLC raised its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 441.0% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 30,591 shares of the exchange traded fund’s stock after purchasing an additional 24,936 shares during the period. RWA Wealth Partners LLC’s holdings in SPDR Gold Shares were worth $5,848,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in GLD. First Personal Financial Services purchased a new position in SPDR Gold Shares during the 4th quarter valued at about $25,000. Johnson Midwest Financial LLC increased its position in SPDR Gold Shares by 350.0% during the 3rd quarter. Johnson Midwest Financial LLC now owns 180 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 140 shares during the period. Private Ocean LLC increased its position in SPDR Gold Shares by 232.7% during the 4th quarter. Private Ocean LLC now owns 163 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 114 shares during the period. Naples Money Management LLC purchased a new position in shares of SPDR Gold Shares in the 4th quarter worth approximately $31,000. Finally, First Command Advisory Services Inc. purchased a new position in shares of SPDR Gold Shares in the 3rd quarter worth approximately $34,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.8 %

Shares of SPDR Gold Shares stock opened at $213.86 on Tuesday. The firm’s 50 day moving average price is $202.13 and its 200-day moving average price is $191.47. SPDR Gold Shares has a 52-week low of $168.30 and a 52-week high of $225.09.

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).