SPDR Gold Shares (NYSEARCA:GLD) Holdings Raised by Good Life Advisors LLC

Good Life Advisors LLC grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 30.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,223 shares of the exchange traded fund’s stock after purchasing an additional 4,255 shares during the period. Good Life Advisors LLC’s holdings in SPDR Gold Shares were worth $4,412,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Rye Brook Capital LLC lifted its holdings in shares of SPDR Gold Shares by 1.3% during the fourth quarter. Rye Brook Capital LLC now owns 13,200 shares of the exchange traded fund’s stock valued at $3,196,000 after purchasing an additional 170 shares during the last quarter. Werba Rubin Papier Wealth Management lifted its holdings in shares of SPDR Gold Shares by 33.8% during the fourth quarter. Werba Rubin Papier Wealth Management now owns 3,100 shares of the exchange traded fund’s stock valued at $751,000 after purchasing an additional 783 shares during the last quarter. Lyell Wealth Management LP raised its position in SPDR Gold Shares by 9.3% during the fourth quarter. Lyell Wealth Management LP now owns 39,441 shares of the exchange traded fund’s stock valued at $9,550,000 after buying an additional 3,343 shares during the period. Financial Management Network Inc. raised its position in SPDR Gold Shares by 3.8% during the fourth quarter. Financial Management Network Inc. now owns 6,827 shares of the exchange traded fund’s stock valued at $1,662,000 after buying an additional 250 shares during the period. Finally, Global Retirement Partners LLC raised its position in SPDR Gold Shares by 23.1% during the fourth quarter. Global Retirement Partners LLC now owns 32,402 shares of the exchange traded fund’s stock valued at $7,846,000 after buying an additional 6,089 shares during the period. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

NYSEARCA:GLD opened at $270.70 on Wednesday. SPDR Gold Shares has a 1-year low of $187.05 and a 1-year high of $271.01. The business’s fifty day moving average price is $251.61 and its 200 day moving average price is $244.45.

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).