SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by Confluence Wealth Services Inc.

Confluence Wealth Services Inc. boosted its position in SPDR Gold Shares (NYSEARCA:GLD) by 0.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,378 shares of the exchange traded fund’s stock after purchasing an additional 127 shares during the period. Confluence Wealth Services Inc.’s holdings in SPDR Gold Shares were worth $3,907,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Romano Brothers AND Company grew its holdings in SPDR Gold Shares by 1.0% during the third quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock worth $1,002,000 after acquiring an additional 40 shares during the period. Magnus Financial Group LLC boosted its position in shares of SPDR Gold Shares by 0.6% during the 4th quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock worth $1,780,000 after purchasing an additional 41 shares in the last quarter. Spinnaker Trust increased its holdings in shares of SPDR Gold Shares by 1.1% in the 3rd quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock valued at $956,000 after purchasing an additional 43 shares in the last quarter. Adirondack Trust Co. increased its holdings in shares of SPDR Gold Shares by 3.3% in the 4th quarter. Adirondack Trust Co. now owns 1,349 shares of the exchange traded fund’s stock valued at $327,000 after purchasing an additional 43 shares in the last quarter. Finally, Compton Wealth Advisory Group LLC lifted its stake in shares of SPDR Gold Shares by 3.2% in the third quarter. Compton Wealth Advisory Group LLC now owns 1,409 shares of the exchange traded fund’s stock valued at $342,000 after purchasing an additional 44 shares during the period. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.0 %

Shares of SPDR Gold Shares stock opened at $262.50 on Wednesday. The company has a 50-day moving average of $247.12 and a two-hundred day moving average of $241.33. SPDR Gold Shares has a 12-month low of $183.78 and a 12-month high of $262.54.

About SPDR Gold Shares

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).