XML Financial LLC Acquires 2,495 Shares of SPDR Gold Shares (NYSEARCA:GLD)

XML Financial LLC raised its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 6.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 43,072 shares of the exchange traded fund’s stock after acquiring an additional 2,495 shares during the quarter. SPDR Gold Shares makes up about 1.0% of XML Financial LLC’s portfolio, making the stock its 26th biggest position. XML Financial LLC’s holdings in SPDR Gold Shares were worth $10,429,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in GLD. Romano Brothers AND Company grew its stake in SPDR Gold Shares by 1.0% in the third quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock valued at $1,002,000 after purchasing an additional 40 shares during the last quarter. Delta Financial Group Inc. boosted its holdings in shares of SPDR Gold Shares by 1.2% in the 3rd quarter. Delta Financial Group Inc. now owns 3,492 shares of the exchange traded fund’s stock valued at $849,000 after buying an additional 41 shares in the last quarter. Spinnaker Trust boosted 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 buying an additional 43 shares in the last quarter. Compton Wealth Advisory Group LLC grew its position in shares of SPDR Gold Shares by 3.2% in the 3rd quarter. Compton Wealth Advisory Group LLC now owns 1,409 shares of the exchange traded fund’s stock worth $342,000 after buying an additional 44 shares during the last quarter. Finally, Acorn Wealth Advisors LLC raised its stake in shares of SPDR Gold Shares by 1.4% during the 3rd quarter. Acorn Wealth Advisors LLC now owns 3,242 shares of the exchange traded fund’s stock worth $788,000 after acquiring an additional 44 shares in the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

Shares of GLD opened at $253.13 on Wednesday. The company has a 50 day moving average of $243.99 and a two-hundred day moving average of $238.73. SPDR Gold Shares has a twelve month low of $183.78 and a twelve month 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).