652 Shares in SPDR Gold Shares (NYSEARCA:GLD) Purchased by Center for Financial Planning Inc.

Center for Financial Planning Inc. purchased a new position in SPDR Gold Shares (NYSEARCA:GLD) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 652 shares of the exchange traded fund’s stock, valued at approximately $158,000.

A number of other hedge funds have also bought and sold shares of GLD. Ashton Thomas Securities LLC acquired a new position in SPDR Gold Shares in the third quarter worth about $28,000. PayPay Securities Corp lifted its holdings in SPDR Gold Shares by 55.3% in the fourth quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 47 shares during the last quarter. Capital Performance Advisors LLP bought a new position in SPDR Gold Shares in the third quarter worth about $35,000. Pittenger & Anderson Inc. bought a new position in SPDR Gold Shares in the third quarter worth about $38,000. Finally, Keystone Financial Group Inc. bought a new position in SPDR Gold Shares in the fourth quarter worth about $39,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

Shares of NYSEARCA GLD opened at $266.29 on Friday. The firm’s 50-day moving average price is $250.28 and its two-hundred day moving average price is $243.26. SPDR Gold Shares has a 52-week low of $184.84 and a 52-week high of $270.39.

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).