Prospera Financial Services Inc Buys 4,437 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Prospera Financial Services Inc grew its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 5.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 86,338 shares of the exchange traded fund’s stock after buying an additional 4,437 shares during the quarter. Prospera Financial Services Inc’s holdings in SPDR Gold Shares were worth $20,985,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Romano Brothers AND Company raised its holdings in SPDR Gold Shares by 1.0% in the 3rd quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock worth $1,002,000 after purchasing an additional 40 shares during the period. Delta Financial Group Inc. lifted its position in shares of SPDR Gold Shares by 1.2% during the 3rd quarter. Delta Financial Group Inc. now owns 3,492 shares of the exchange traded fund’s stock valued at $849,000 after buying an additional 41 shares in the last quarter. Spinnaker Trust grew its stake in shares of SPDR Gold Shares by 1.1% during the 3rd quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock valued at $956,000 after acquiring an additional 43 shares during the period. Compton Wealth Advisory Group LLC increased its holdings in SPDR Gold Shares by 3.2% in the 3rd quarter. Compton Wealth Advisory Group LLC now owns 1,409 shares of the exchange traded fund’s stock worth $342,000 after acquiring an additional 44 shares in the last quarter. Finally, Ballast Inc. raised its stake in SPDR Gold Shares by 3.6% during the 2nd quarter. Ballast Inc. now owns 1,295 shares of the exchange traded fund’s stock worth $278,000 after acquiring an additional 45 shares during the period. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Up 1.9 %

GLD opened at $241.09 on Tuesday. The company has a 50 day simple moving average of $245.14 and a two-hundred day simple moving average of $229.84. SPDR Gold Shares has a 1-year low of $182.23 and a 1-year high of $257.71.

SPDR Gold Shares Company 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).