SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by Deane Retirement Strategies Inc.

Deane Retirement Strategies Inc. raised its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,234 shares of the exchange traded fund’s stock after buying an additional 404 shares during the period. SPDR Gold Shares comprises approximately 2.3% of Deane Retirement Strategies Inc.’s investment portfolio, making the stock its 12th biggest position. Deane Retirement Strategies Inc.’s holdings in SPDR Gold Shares were worth $4,657,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Ashton Thomas Securities LLC purchased a new stake in shares of SPDR Gold Shares in the 3rd quarter valued at approximately $28,000. Capital Performance Advisors LLP purchased a new position in SPDR Gold Shares during the 3rd quarter worth approximately $35,000. Pittenger & Anderson Inc. acquired a new stake in SPDR Gold Shares during the 3rd quarter valued at $38,000. Sugarloaf Wealth Management LLC lifted its holdings in shares of SPDR Gold Shares by 78.9% in the third 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 in the last quarter. Finally, Maryland Capital Advisors Inc. acquired a new stake in shares of SPDR Gold Shares in the third quarter worth $40,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.9 %

Shares of GLD stock opened at $255.18 on Wednesday. SPDR Gold Shares has a 1-year low of $183.78 and a 1-year high of $257.71. The stock’s fifty day simple moving average is $245.55 and its 200-day simple moving average is $239.93.

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).