Wealthcare Advisory Partners LLC Has $4.53 Million Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Wealthcare Advisory Partners LLC increased its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 28.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,701 shares of the exchange traded fund’s stock after buying an additional 4,194 shares during the period. Wealthcare Advisory Partners LLC’s holdings in SPDR Gold Shares were worth $4,528,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. RDA Financial Network raised its stake in SPDR Gold Shares by 1.8% in the third quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock valued at $1,231,000 after purchasing an additional 88 shares in the last quarter. Advance Capital Management Inc. lifted its position in shares of SPDR Gold Shares by 9.4% during the 4th quarter. Advance Capital Management Inc. now owns 3,683 shares of the exchange traded fund’s stock worth $892,000 after buying an additional 316 shares during the last quarter. Centaurus Financial Inc. boosted its stake in SPDR Gold Shares by 10.1% in the second quarter. Centaurus Financial Inc. now owns 39,597 shares of the exchange traded fund’s stock valued at $8,514,000 after buying an additional 3,630 shares in the last quarter. Inspirion Wealth Advisors LLC grew its position in SPDR Gold Shares by 0.8% in the third 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 acquired a new position in SPDR Gold Shares during the third quarter worth about $564,000. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Price Performance

GLD stock opened at $249.85 on Friday. The firm has a 50-day moving average price of $243.81 and a 200-day moving average price of $237.89. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $257.71.

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).