KFA Private Wealth Group LLC Has $1.06 Million Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

KFA Private Wealth Group LLC trimmed its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,554 shares of the exchange traded fund’s stock after selling 187 shares during the quarter. KFA Private Wealth Group LLC’s holdings in SPDR Gold Shares were worth $1,062,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Miracle Mile Advisors LLC lifted its position in shares of SPDR Gold Shares by 33.8% during the 4th quarter. Miracle Mile Advisors LLC now owns 2,401 shares of the exchange traded fund’s stock worth $459,000 after buying an additional 607 shares during the period. Syon Capital LLC acquired a new position in SPDR Gold Shares during the third quarter worth $6,972,000. Raymond James & Associates lifted its holdings in shares of SPDR Gold Shares by 0.5% during the fourth quarter. Raymond James & Associates now owns 844,620 shares of the exchange traded fund’s stock valued at $161,466,000 after acquiring an additional 4,242 shares during the period. Marks Wealth LLC acquired a new stake in shares of SPDR Gold Shares in the 4th quarter valued at $33,299,000. Finally, Planned Solutions Inc. bought a new stake in shares of SPDR Gold Shares in the 4th quarter worth about $65,000. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Trading Up 0.3 %

GLD stock traded up $0.69 during trading on Friday, hitting $216.61. 6,231,609 shares of the stock traded hands, compared to its average volume of 7,931,591. SPDR Gold Shares has a one year low of $168.30 and a one year high of $225.09. The company has a 50 day simple moving average of $204.56 and a 200 day simple moving average of $192.42.

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).