A. D. Beadell Investment Counsel Inc. Has $856,000 Position in SPDR Gold Shares (NYSEARCA:GLD)

A. D. Beadell Investment Counsel Inc. lessened its position in SPDR Gold Shares (NYSEARCA:GLD) by 9.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,537 shares of the exchange traded fund’s stock after selling 390 shares during the period. A. D. Beadell Investment Counsel Inc.’s holdings in SPDR Gold Shares were worth $856,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Romano Brothers AND Company grew its stake in SPDR Gold Shares by 1.0% during the third quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock worth $1,002,000 after buying an additional 40 shares during the last quarter. Delta Financial Group Inc. lifted its position in SPDR Gold Shares by 1.2% during the 3rd quarter. Delta Financial Group Inc. now owns 3,492 shares of the exchange traded fund’s stock worth $849,000 after buying an additional 41 shares in the last quarter. Spinnaker Trust grew its holdings in SPDR Gold Shares by 1.1% during the 3rd quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock worth $956,000 after acquiring an additional 43 shares during the last quarter. Compton Wealth Advisory Group LLC raised its stake in shares of SPDR Gold Shares by 3.2% in 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 during the last quarter. Finally, Acorn Wealth Advisors LLC lifted its position in shares of SPDR Gold Shares by 1.4% during the third quarter. Acorn Wealth Advisors LLC now owns 3,242 shares of the exchange traded fund’s stock worth $788,000 after purchasing an additional 44 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

NYSEARCA:GLD traded up $2.44 on Friday, hitting $248.30. 6,154,527 shares of the stock were exchanged, compared to its average volume of 5,359,721. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $257.71. The company’s 50-day moving average price is $244.10 and its 200 day moving average price is $236.81.

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).