Hapanowicz & Associates Financial Services Inc Increases Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

Hapanowicz & Associates Financial Services Inc lifted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 13.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,496 shares of the exchange traded fund’s stock after buying an additional 182 shares during the quarter. SPDR Gold Shares makes up about 0.2% of Hapanowicz & Associates Financial Services Inc’s holdings, making the stock its 23rd biggest holding. Hapanowicz & Associates Financial Services Inc’s holdings in SPDR Gold Shares were worth $362,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. International Assets Investment Management LLC grew its holdings in SPDR Gold Shares by 21,571.1% in the third quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock worth $735,169,000 after purchasing an additional 3,010,682 shares during the period. Strategic Financial Concepts LLC boosted its position in shares of SPDR Gold Shares by 24,600.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 608,876 shares of the exchange traded fund’s stock worth $147,427,000 after purchasing an additional 606,411 shares in the last quarter. Diversify Advisory Services LLC grew its stake in shares of SPDR Gold Shares by 446.0% in the 4th quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock worth $59,410,000 after buying an additional 195,520 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its position in SPDR Gold Shares by 47.5% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock valued at $110,386,000 after buying an additional 146,271 shares in the last quarter. Finally, Banco Santander S.A. raised its stake in SPDR Gold Shares by 245.1% during the third quarter. Banco Santander S.A. now owns 160,721 shares of the exchange traded fund’s stock valued at $39,065,000 after buying an additional 114,151 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Price Performance

NYSEARCA GLD opened at $270.85 on Thursday. SPDR Gold Shares has a 12 month low of $187.05 and a 12 month high of $271.33. The stock’s fifty day moving average price is $252.00 and its 200-day moving average price is $244.63.

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).