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

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

Several other institutional investors and hedge funds also recently made changes to their positions in GLD. Romano Brothers AND Company increased its position in SPDR Gold Shares by 1.0% during the 3rd 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 period. Delta Financial Group Inc. increased its holdings in SPDR Gold Shares by 1.2% in the third quarter. Delta Financial Group Inc. now owns 3,492 shares of the exchange traded fund’s stock worth $849,000 after purchasing an additional 41 shares in the last quarter. Spinnaker Trust lifted its stake in SPDR Gold Shares by 1.1% in the third 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 during the period. Compton Wealth Advisory Group LLC boosted its holdings in shares of SPDR Gold Shares by 3.2% during 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 in the last quarter. Finally, Acorn Wealth Advisors LLC lifted its position 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 valued at $788,000 after acquiring an additional 44 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of NYSEARCA GLD opened at $249.85 on Friday. SPDR Gold Shares has a 12-month low of $183.78 and a 12-month high of $257.71. The company’s fifty day simple moving average is $243.81 and its 200 day simple moving average is $237.89.

SPDR Gold Shares 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).