Capital Asset Advisory Services LLC Has $573,000 Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Capital Asset Advisory Services LLC grew its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 24.0% in the 4th quarter, Holdings Channel reports. The fund owned 2,354 shares of the exchange traded fund’s stock after buying an additional 455 shares during the period. Capital Asset Advisory Services LLC’s holdings in SPDR Gold Shares were worth $573,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. RDA Financial Network increased its position in SPDR Gold Shares by 1.8% during the 3rd quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock worth $1,231,000 after purchasing an additional 88 shares in the last quarter. Advance Capital Management Inc. grew its stake in shares of SPDR Gold Shares by 9.4% during the fourth quarter. Advance Capital Management Inc. now owns 3,683 shares of the exchange traded fund’s stock worth $892,000 after buying an additional 316 shares during the last quarter. Centaurus Financial Inc. increased its holdings in shares of SPDR Gold Shares by 10.1% during the second quarter. Centaurus Financial Inc. now owns 39,597 shares of the exchange traded fund’s stock worth $8,514,000 after buying an additional 3,630 shares in the last quarter. Inspirion Wealth Advisors LLC lifted its stake in shares of SPDR Gold Shares by 0.8% in the 3rd quarter. Inspirion Wealth Advisors LLC now owns 6,180 shares of the exchange traded fund’s stock valued at $1,502,000 after acquiring an additional 50 shares during the last quarter. Finally, GSA Capital Partners LLP acquired a new stake in shares of SPDR Gold Shares during the 3rd quarter valued at $564,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of GLD stock opened at $252.99 on Tuesday. SPDR Gold Shares has a twelve month low of $183.78 and a twelve month high of $257.71. The stock’s fifty day simple moving average is $245.31 and its 200 day simple moving average is $239.72.

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).