MinichMacGregor Wealth Management LLC Boosts Holdings in SPDR Gold Shares (NYSEARCA:GLD)

MinichMacGregor Wealth Management LLC grew its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 5.9% during the 4th quarter, Holdings Channel reports. The firm owned 13,747 shares of the exchange traded fund’s stock after buying an additional 768 shares during the period. MinichMacGregor Wealth Management LLC’s holdings in SPDR Gold Shares were worth $3,329,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of GLD. RDA Financial Network boosted its stake in shares of SPDR Gold Shares by 1.8% during the 3rd quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock worth $1,231,000 after purchasing an additional 88 shares during the last quarter. Advance Capital Management Inc. boosted its position in SPDR Gold Shares by 9.4% during the fourth quarter. Advance Capital Management Inc. now owns 3,683 shares of the exchange traded fund’s stock worth $892,000 after acquiring an additional 316 shares during the last quarter. Centaurus Financial Inc. grew its stake in SPDR Gold Shares by 10.1% in the 2nd quarter. Centaurus Financial Inc. now owns 39,597 shares of the exchange traded fund’s stock worth $8,514,000 after acquiring an additional 3,630 shares during the period. Inspirion Wealth Advisors LLC raised its holdings in SPDR Gold Shares by 0.8% in the 3rd quarter. Inspirion Wealth Advisors LLC now owns 6,180 shares of the exchange traded fund’s stock valued at $1,502,000 after acquiring an additional 50 shares during the last quarter. Finally, GSA Capital Partners LLP purchased a new position in shares of SPDR Gold Shares during the 3rd quarter worth $564,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Up 0.5 %

Shares of NYSEARCA:GLD opened at $254.43 on Thursday. The business has a fifty day simple moving average of $244.59 and a 200-day simple moving average of $239.07. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $257.71.

SPDR Gold Shares Company 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).