Avantax Planning Partners Inc. Buys 115 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Avantax Planning Partners Inc. grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 4,551 shares of the exchange traded fund’s stock after acquiring an additional 115 shares during the quarter. Avantax Planning Partners Inc.’s holdings in SPDR Gold Shares were worth $870,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Evexia Wealth LLC lifted its position in shares of SPDR Gold Shares by 36.6% during the 4th quarter. Evexia Wealth LLC now owns 4,672 shares of the exchange traded fund’s stock valued at $881,000 after acquiring an additional 1,253 shares during the period. Miracle Mile Advisors LLC lifted its position in shares of SPDR Gold Shares by 33.8% during the 4th quarter. Miracle Mile Advisors LLC now owns 2,401 shares of the exchange traded fund’s stock worth $459,000 after buying an additional 607 shares during the last quarter. Raymond James & Associates lifted its position in shares of SPDR Gold Shares by 0.5% during the 4th quarter. Raymond James & Associates now owns 844,620 shares of the exchange traded fund’s stock worth $161,466,000 after buying an additional 4,242 shares during the last quarter. Marks Wealth LLC bought a new stake in shares of SPDR Gold Shares during the 4th quarter worth $33,299,000. Finally, Independent Advisor Alliance lifted its position in shares of SPDR Gold Shares by 32.2% during the 4th quarter. Independent Advisor Alliance now owns 98,074 shares of the exchange traded fund’s stock worth $18,749,000 after buying an additional 23,883 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Price Performance

Shares of GLD stock traded up $0.41 on Friday, hitting $216.13. 2,443,997 shares of the company’s stock were exchanged, compared to its average volume of 7,756,736. SPDR Gold Shares has a 12 month low of $168.30 and a 12 month high of $225.66. The company has a 50 day moving average of $213.54 and a 200 day moving average of $197.18.

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).