SPDR Gold Shares (NYSEARCA:GLD) Shares Bought by Soltis Investment Advisors LLC

Soltis Investment Advisors LLC raised its position in SPDR Gold Shares (NYSEARCA:GLD) by 50.0% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 4,972 shares of the exchange traded fund’s stock after buying an additional 1,658 shares during the quarter. Soltis Investment Advisors LLC’s holdings in SPDR Gold Shares were worth $1,204,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the company. Ashton Thomas Securities LLC purchased a new stake in shares of SPDR Gold Shares during the 3rd quarter worth $28,000. Capital Performance Advisors LLP purchased a new stake in shares of SPDR Gold Shares during the 3rd quarter worth $35,000. Pittenger & Anderson Inc. purchased a new stake in shares of SPDR Gold Shares during the 3rd quarter worth $38,000. Keystone Financial Group Inc. purchased a new stake in shares of SPDR Gold Shares during the 4th quarter worth $39,000. Finally, Maryland Capital Advisors Inc. purchased a new stake in shares of SPDR Gold Shares during the 3rd quarter worth $40,000. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA GLD opened at $268.37 on Tuesday. SPDR Gold Shares has a one year low of $183.78 and a one year high of $268.66. The company’s fifty day moving average is $248.30 and its two-hundred day moving average is $242.21.

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).