RWA Wealth Partners LLC Increases Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

RWA Wealth Partners LLC lifted its position in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 441.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 30,591 shares of the exchange traded fund’s stock after purchasing an additional 24,936 shares during the quarter. RWA Wealth Partners LLC’s holdings in SPDR Gold Shares were worth $5,848,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of GLD. First Personal Financial Services purchased a new stake in shares of SPDR Gold Shares in the fourth quarter valued at about $25,000. Johnson Midwest Financial LLC lifted its position in SPDR Gold Shares by 350.0% in the third quarter. Johnson Midwest Financial LLC now owns 180 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 140 shares during the last quarter. Private Ocean LLC lifted its position in SPDR Gold Shares by 232.7% in the fourth quarter. Private Ocean LLC now owns 163 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 114 shares during the last quarter. Naples Money Management LLC acquired a new position in SPDR Gold Shares in the fourth quarter valued at about $31,000. Finally, First Command Advisory Services Inc. acquired a new position in SPDR Gold Shares in the third quarter valued at about $34,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.8 %

NYSEARCA GLD opened at $213.86 on Tuesday. The firm’s 50-day moving average is $202.13 and its two-hundred day moving average is $191.47. SPDR Gold Shares has a 12 month low of $168.30 and a 12 month high of $225.09.

SPDR Gold Shares Profile

(Free Report)

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).

See Also

Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLDFree Report).

Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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