SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by Curran Financial Partners LLC

Curran Financial Partners LLC increased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 24.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 9,186 shares of the exchange traded fund’s stock after acquiring an additional 1,808 shares during the period. Curran Financial Partners LLC’s holdings in SPDR Gold Shares were worth $2,224,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

SPDR Gold Shares Stock Performance

GLD opened at $255.65 on Monday. The stock’s 50 day moving average price is $245.31 and its 200 day moving average price is $239.72. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month 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).