Key Client Fiduciary Advisors LLC Acquires 200 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Key Client Fiduciary Advisors LLC boosted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 15.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,470 shares of the exchange traded fund’s stock after acquiring an additional 200 shares during the quarter. Key Client Fiduciary Advisors LLC’s holdings in SPDR Gold Shares were worth $356,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC bought a new position in SPDR Gold Shares during the 3rd quarter worth $28,000. Capital Performance Advisors LLP acquired a new stake in shares of SPDR Gold Shares in the third quarter valued at about $35,000. Pittenger & Anderson Inc. bought a new position in shares of SPDR Gold Shares during the third quarter worth about $38,000. Sugarloaf Wealth Management LLC raised its position in shares of SPDR Gold Shares by 78.9% during the third quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 71 shares during the last quarter. Finally, Maryland Capital Advisors Inc. acquired a new position in shares of SPDR Gold Shares in the third quarter worth approximately $40,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

NYSEARCA:GLD opened at $254.07 on Friday. SPDR Gold Shares has a fifty-two week low of $183.78 and a fifty-two week high of $257.71. The company has a 50 day simple moving average of $244.59 and a two-hundred day simple moving average of $239.07.

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).