Wealth Management Partners LLC Purchases 149 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Wealth Management Partners LLC boosted its position in SPDR Gold Shares (NYSEARCA:GLD) by 9.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,804 shares of the exchange traded fund’s stock after buying an additional 149 shares during the quarter. Wealth Management Partners LLC’s holdings in SPDR Gold Shares were worth $437,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GLD. Ironwood Financial llc grew its stake in shares of SPDR Gold Shares by 8.5% in the fourth quarter. Ironwood Financial llc now owns 1,191 shares of the exchange traded fund’s stock worth $288,000 after acquiring an additional 93 shares during the last quarter. Diversify Advisory Services LLC increased its holdings in shares of SPDR Gold Shares by 446.0% during the 4th quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock worth $59,410,000 after purchasing an additional 195,520 shares during the period. Diversify Wealth Management LLC raised its position in shares of SPDR Gold Shares by 10.0% during the fourth quarter. Diversify Wealth Management LLC now owns 2,770 shares of the exchange traded fund’s stock valued at $688,000 after buying an additional 252 shares during the last quarter. Smart Money Group LLC lifted its stake in shares of SPDR Gold Shares by 0.7% in the fourth quarter. Smart Money Group LLC now owns 14,433 shares of the exchange traded fund’s stock valued at $3,495,000 after buying an additional 99 shares during the period. Finally, City Holding Co. grew its position in SPDR Gold Shares by 12.7% during the fourth quarter. City Holding Co. now owns 5,532 shares of the exchange traded fund’s stock worth $1,339,000 after buying an additional 625 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of NYSEARCA:GLD opened at $249.27 on Monday. SPDR Gold Shares has a 1-year low of $183.78 and a 1-year high of $257.71. The business’s 50 day moving average is $243.85 and its 200-day moving average is $238.37.

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).