Stratos Wealth Partners LTD. Boosts Stake in SPDR Gold Shares (NYSEARCA:GLD)

Stratos Wealth Partners LTD. increased its position in SPDR Gold Shares (NYSEARCA:GLD) by 1.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 53,256 shares of the exchange traded fund’s stock after purchasing an additional 536 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in SPDR Gold Shares were worth $12,895,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in GLD. Silverlake Wealth Management LLC grew its holdings in SPDR Gold Shares by 12.4% in the fourth quarter. Silverlake Wealth Management LLC now owns 5,848 shares of the exchange traded fund’s stock worth $1,416,000 after purchasing an additional 644 shares during the period. Cassia Capital Partners LLC boosted its position in shares of SPDR Gold Shares by 10.5% in the 4th quarter. Cassia Capital Partners LLC now owns 39,163 shares of the exchange traded fund’s stock worth $9,482,000 after purchasing an additional 3,733 shares in the last quarter. Tanager Wealth Management LLP grew its stake in shares of SPDR Gold Shares by 19.8% in the 4th quarter. Tanager Wealth Management LLP now owns 987 shares of the exchange traded fund’s stock worth $239,000 after buying an additional 163 shares during the last quarter. Tranquilli Financial Advisor LLC bought a new position in SPDR Gold Shares during the 4th quarter valued at approximately $221,000. Finally, Welch Group LLC raised its stake in SPDR Gold Shares by 1.4% during the fourth quarter. Welch Group LLC now owns 7,764 shares of the exchange traded fund’s stock valued at $1,868,000 after buying an additional 105 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 $262.50 on Wednesday. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $262.54. The stock’s fifty day moving average price is $246.73 and its 200-day moving average price is $241.04.

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).