Elevation Wealth Partners LLC Has $136,000 Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Elevation Wealth Partners LLC raised its stake in SPDR Gold Shares (NYSEARCA:GLD) by 21.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 563 shares of the exchange traded fund’s stock after buying an additional 100 shares during the quarter. Elevation Wealth Partners LLC’s holdings in SPDR Gold Shares were worth $136,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC acquired a new position in shares of SPDR Gold Shares during the 3rd quarter worth $28,000. Capital Performance Advisors LLP acquired a new position in shares of SPDR Gold Shares during the 3rd quarter worth $35,000. Pittenger & Anderson Inc. acquired a new position in shares of SPDR Gold Shares during the 3rd quarter worth $38,000. Keystone Financial Group Inc. acquired a new position in shares of SPDR Gold Shares during the 4th quarter worth $39,000. Finally, Maryland Capital Advisors Inc. acquired a new position in shares of SPDR Gold Shares during the 3rd quarter worth $40,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of GLD opened at $263.90 on Monday. The company’s fifty day moving average is $248.30 and its 200-day moving average is $242.07. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $266.35.

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).