Blackston Financial Advisory Group LLC Acquires 534 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Blackston Financial Advisory Group LLC grew its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 61.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,405 shares of the exchange traded fund’s stock after purchasing an additional 534 shares during the quarter. Blackston Financial Advisory Group LLC’s holdings in SPDR Gold Shares were worth $340,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Romano Brothers AND Company lifted 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 last quarter. Clarus Group Inc. raised its position in shares of SPDR Gold Shares by 2.2% in the fourth quarter. Clarus Group Inc. now owns 1,825 shares of the exchange traded fund’s stock valued at $442,000 after purchasing an additional 40 shares during the period. Magnus Financial Group LLC lifted its stake in shares of SPDR Gold Shares by 0.6% in the fourth quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock worth $1,780,000 after buying an additional 41 shares during the last quarter. Pittenger & Anderson Inc. boosted its holdings in shares of SPDR Gold Shares by 25.9% during the 4th quarter. Pittenger & Anderson Inc. now owns 199 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 41 shares during the period. Finally, Gradient Capital Advisors LLC boosted its holdings in shares of SPDR Gold Shares by 0.7% during the 4th quarter. Gradient Capital Advisors LLC now owns 5,743 shares of the exchange traded fund’s stock worth $1,391,000 after buying an additional 42 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 0.1 %

Shares of GLD opened at $270.74 on Friday. SPDR Gold Shares has a one year low of $187.05 and a one year high of $271.84. The company’s fifty day moving average price is $253.00 and its 200 day moving average price is $245.15.

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).