Meridian Wealth Advisors LLC Has $1.03 Million Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Meridian Wealth Advisors LLC decreased its position in SPDR Gold Shares (NYSEARCA:GLD) by 3.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,405 shares of the exchange traded fund’s stock after selling 180 shares during the period. Meridian Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $1,033,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of GLD. First Personal Financial Services bought a new position in SPDR Gold Shares during the fourth quarter worth about $25,000. Johnson Midwest Financial LLC lifted its position in shares of 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 worth $31,000 after buying an additional 140 shares during the period. Private Ocean LLC lifted its position in shares of SPDR Gold Shares by 232.7% during the 4th quarter. Private Ocean LLC now owns 163 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 114 shares during the period. Naples Money Management LLC acquired a new stake in SPDR Gold Shares in the 4th quarter valued at $31,000. Finally, GAMMA Investing LLC bought a new stake in SPDR Gold Shares in the fourth quarter valued at $33,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of NYSEARCA GLD opened at $214.60 on Thursday. SPDR Gold Shares has a 52-week low of $168.30 and a 52-week high of $225.09. The business has a fifty day moving average of $208.23 and a two-hundred day moving average of $194.39.

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).