Money Concepts Capital Corp Has $668,000 Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Money Concepts Capital Corp increased its position in SPDR Gold Shares (NYSEARCA:GLD) by 17.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,759 shares of the exchange traded fund’s stock after purchasing an additional 413 shares during the quarter. Money Concepts Capital Corp’s holdings in SPDR Gold Shares were worth $668,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Romano Brothers AND Company grew its stake in shares of SPDR Gold Shares by 1.0% in 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 buying an additional 40 shares during the period. Magnus Financial Group LLC grew its stake in shares of SPDR Gold Shares by 0.6% in the 4th quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock valued at $1,780,000 after buying an additional 41 shares during the period. Spinnaker Trust grew its holdings in shares of SPDR Gold Shares by 1.1% during 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 last quarter. Adirondack Trust Co. increased its position in shares of SPDR Gold Shares by 3.3% during the fourth quarter. Adirondack Trust Co. now owns 1,349 shares of the exchange traded fund’s stock worth $327,000 after acquiring an additional 43 shares in the last quarter. Finally, Compton Wealth Advisory Group LLC increased its position in shares of SPDR Gold Shares by 3.2% during the third quarter. Compton Wealth Advisory Group LLC now owns 1,409 shares of the exchange traded fund’s stock worth $342,000 after acquiring an additional 44 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Down 0.3 %

Shares of NYSEARCA GLD opened at $263.43 on Friday. SPDR Gold Shares has a fifty-two week low of $183.78 and a fifty-two week high of $265.99. The firm’s 50-day simple moving average is $247.54 and its 200 day simple moving average is $241.49.

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).