Kingsview Wealth Management LLC Acquires 400 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Kingsview Wealth Management LLC raised its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.0% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 38,838 shares of the exchange traded fund’s stock after acquiring an additional 400 shares during the period. Kingsview Wealth Management LLC’s holdings in SPDR Gold Shares were worth $9,404,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in GLD. Ashton Thomas Securities LLC purchased a new stake in SPDR Gold Shares during the 3rd quarter valued at $28,000. Capital Performance Advisors LLP purchased a new position in SPDR Gold Shares in the third quarter worth about $35,000. Pittenger & Anderson Inc. bought a new stake in shares of SPDR Gold Shares during the 3rd quarter valued at about $38,000. Keystone Financial Group Inc. bought a new position in shares of SPDR Gold Shares in the 4th quarter worth approximately $39,000. Finally, Maryland Capital Advisors Inc. purchased a new position in shares of SPDR Gold Shares in the third quarter worth approximately $40,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.2 %

Shares of GLD stock opened at $263.90 on Friday. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $266.35. The company has a 50 day simple moving average of $247.93 and a two-hundred day simple moving average of $241.64.

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).