Keudell Morrison Wealth Management Buys 58 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Keudell Morrison Wealth Management boosted its position in SPDR Gold Shares (NYSEARCA:GLD) by 2.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,278 shares of the exchange traded fund’s stock after acquiring an additional 58 shares during the quarter. Keudell Morrison Wealth Management’s holdings in SPDR Gold Shares were worth $552,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in GLD. Institute for Wealth Management LLC. lifted its stake in SPDR Gold Shares by 3.0% during the fourth quarter. Institute for Wealth Management LLC. now owns 1,911 shares of the exchange traded fund’s stock worth $463,000 after purchasing an additional 56 shares during the last quarter. Narus Financial Partners LLC raised its holdings in shares of SPDR Gold Shares by 10.5% during the 4th quarter. Narus Financial Partners LLC now owns 22,367 shares of the exchange traded fund’s stock valued at $5,416,000 after buying an additional 2,134 shares in the last quarter. Norris Perne & French LLP MI lifted its position in SPDR Gold Shares by 8.9% in the 4th quarter. Norris Perne & French LLP MI now owns 1,045 shares of the exchange traded fund’s stock worth $253,000 after buying an additional 85 shares during the last quarter. Calton & Associates Inc. boosted its stake in SPDR Gold Shares by 23.3% in the fourth quarter. Calton & Associates Inc. now owns 6,076 shares of the exchange traded fund’s stock worth $1,471,000 after buying an additional 1,148 shares in the last quarter. Finally, Fifth Third Securities Inc. grew its position in SPDR Gold Shares by 38.0% during the fourth quarter. Fifth Third Securities Inc. now owns 51,665 shares of the exchange traded fund’s stock valued at $12,510,000 after acquiring an additional 14,228 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

GLD stock opened at $258.05 on Friday. SPDR Gold Shares has a one year low of $183.78 and a one year high of $258.29. The company’s 50 day moving average price is $246.21 and its two-hundred day moving average price is $240.38.

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).