Red Door Wealth Management LLC Acquires 1,678 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Red Door Wealth Management LLC boosted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 16.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,939 shares of the exchange traded fund’s stock after buying an additional 1,678 shares during the quarter. Red Door Wealth Management LLC’s holdings in SPDR Gold Shares were worth $2,891,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Fiduciary Family Office LLC bought a new position in SPDR Gold Shares during the 4th quarter valued at $715,000. Baron Silver Stevens Financial Advisors LLC grew its holdings in shares of SPDR Gold Shares by 28.9% in the fourth quarter. Baron Silver Stevens Financial Advisors LLC now owns 1,850 shares of the exchange traded fund’s stock valued at $448,000 after acquiring an additional 415 shares in the last quarter. Whalen Wealth Management Inc. purchased a new stake in shares of SPDR Gold Shares during the fourth quarter valued at approximately $432,000. Avior Wealth Management LLC boosted its position in SPDR Gold Shares by 18.6% in the fourth quarter. Avior Wealth Management LLC now owns 13,113 shares of the exchange traded fund’s stock worth $3,175,000 after purchasing an additional 2,053 shares during the last quarter. Finally, MinichMacGregor Wealth Management LLC raised its stake in shares of SPDR Gold Shares by 5.9% during the 4th quarter. MinichMacGregor Wealth Management LLC now owns 13,747 shares of the exchange traded fund’s stock worth $3,329,000 after purchasing an additional 768 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 0.1 %

GLD opened at $254.07 on Friday. The company’s 50-day moving average price is $244.59 and its two-hundred day moving average price is $239.07. SPDR Gold Shares has a twelve month low of $183.78 and a twelve month high of $257.71.

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).