Key Client Fiduciary Advisors LLC Has $356,000 Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

Key Client Fiduciary Advisors LLC raised its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 15.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,470 shares of the exchange traded fund’s stock after purchasing an additional 200 shares during the quarter. Key Client Fiduciary Advisors LLC’s holdings in SPDR Gold Shares were worth $356,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of GLD. Ashton Thomas Securities LLC acquired a new position in SPDR Gold Shares during the third quarter worth about $28,000. Capital Performance Advisors LLP bought a new stake in shares of SPDR Gold Shares during the 3rd quarter valued at approximately $35,000. Pittenger & Anderson Inc. acquired a new position in SPDR Gold Shares during the 3rd quarter worth approximately $38,000. Sugarloaf Wealth Management LLC lifted its stake in SPDR Gold Shares by 78.9% in the 3rd quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 71 shares during the last quarter. Finally, Maryland Capital Advisors Inc. acquired a new stake in SPDR Gold Shares in the third quarter valued at approximately $40,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.1 %

NYSEARCA GLD opened at $254.07 on Friday. The firm’s fifty day moving average price is $244.59 and its two-hundred day moving average price is $239.07. SPDR Gold Shares has a fifty-two week low of $183.78 and a fifty-two week high of $257.71.

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).