Kelleher Financial Advisors Has $948,000 Position in SPDR Gold Shares (NYSEARCA:GLD)

Kelleher Financial Advisors boosted its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 13.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,917 shares of the exchange traded fund’s stock after purchasing an additional 478 shares during the quarter. Kelleher Financial Advisors’ holdings in SPDR Gold Shares were worth $948,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of GLD. Romano Brothers AND Company boosted its holdings in shares of SPDR Gold Shares by 1.0% in the third quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock valued at $1,002,000 after buying an additional 40 shares during the period. Delta Financial Group Inc. boosted its holdings in shares of SPDR Gold Shares by 1.2% in the third quarter. Delta Financial Group Inc. now owns 3,492 shares of the exchange traded fund’s stock valued at $849,000 after buying an additional 41 shares during the period. Magnus Financial Group LLC boosted its holdings in shares of SPDR Gold Shares by 0.6% in the fourth quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock valued at $1,780,000 after buying an additional 41 shares during the period. Spinnaker Trust boosted its holdings in shares of SPDR Gold Shares by 1.1% in the third quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock valued at $956,000 after buying an additional 43 shares during the period. Finally, Compton Wealth Advisory Group LLC boosted its holdings in shares of SPDR Gold Shares by 3.2% in the third quarter. Compton Wealth Advisory Group LLC now owns 1,409 shares of the exchange traded fund’s stock valued at $342,000 after buying an additional 44 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.5 %

SPDR Gold Shares stock opened at $254.43 on Thursday. The company has a 50 day moving average of $244.25 and a 200-day moving average of $238.96. SPDR Gold Shares has a twelve month low of $183.78 and a twelve month high of $257.71.

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).