Kellett Wealth Advisors LLC Acquires Shares of 1,123 SPDR Gold Shares (NYSEARCA:GLD)

Kellett Wealth Advisors LLC acquired a new stake in SPDR Gold Shares (NYSEARCA:GLD) during the fourth quarter, HoldingsChannel reports. The firm acquired 1,123 shares of the exchange traded fund’s stock, valued at approximately $215,000.

A number of other institutional investors also recently bought and sold shares of the business. First Personal Financial Services acquired a new position in shares of SPDR Gold Shares during the fourth quarter worth about $25,000. Private Ocean LLC increased its stake in shares of SPDR Gold Shares by 232.7% during the fourth quarter. Private Ocean LLC now owns 163 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 114 shares during the period. Johnson Midwest Financial LLC increased its stake in shares of SPDR Gold Shares by 350.0% during the third quarter. Johnson Midwest Financial LLC now owns 180 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 140 shares during the period. First Command Advisory Services Inc. acquired a new position in shares of SPDR Gold Shares during the third quarter worth about $34,000. Finally, Worth Asset Management LLC acquired a new position in shares of SPDR Gold Shares during the first quarter worth about $36,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Up 0.3 %

Shares of SPDR Gold Shares stock traded up $0.75 on Thursday, reaching $220.34. 6,486,733 shares of the stock were exchanged, compared to its average volume of 7,881,406. SPDR Gold Shares has a 1-year low of $168.30 and a 1-year high of $225.09. The business has a fifty day moving average price of $200.25 and a two-hundred day moving average price of $190.27.

SPDR Gold Shares Company 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).