Curran Financial Partners LLC Has $1.58 Million Stake in SPDR Gold Shares (NYSEARCA:GLD)

Curran Financial Partners LLC decreased its position in SPDR Gold Shares (NYSEARCA:GLD) by 38.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,487 shares of the exchange traded fund’s stock after selling 5,228 shares during the quarter. Curran Financial Partners LLC’s holdings in SPDR Gold Shares were worth $1,582,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Telos Capital Management Inc. grew its holdings in shares of SPDR Gold Shares by 265.4% in the 4th quarter. Telos Capital Management Inc. now owns 6,801 shares of the exchange traded fund’s stock valued at $1,300,000 after acquiring an additional 4,940 shares in the last quarter. Alpha Omega Wealth Management LLC grew its holdings in shares of SPDR Gold Shares by 3.8% in the 4th quarter. Alpha Omega Wealth Management LLC now owns 1,758 shares of the exchange traded fund’s stock valued at $336,000 after acquiring an additional 64 shares in the last quarter. PPSC Investment Service Corp grew its holdings in shares of SPDR Gold Shares by 13.1% in the 4th quarter. PPSC Investment Service Corp now owns 297,000 shares of the exchange traded fund’s stock valued at $56,777,000 after acquiring an additional 34,500 shares in the last quarter. Prosperity Wealth Management Inc. grew its holdings in shares of SPDR Gold Shares by 83.4% in the 4th quarter. Prosperity Wealth Management Inc. now owns 2,357 shares of the exchange traded fund’s stock valued at $451,000 after acquiring an additional 1,072 shares in the last quarter. Finally, TRUE Private Wealth Advisors grew its holdings in shares of SPDR Gold Shares by 31.0% in the 4th quarter. TRUE Private Wealth Advisors now owns 7,478 shares of the exchange traded fund’s stock valued at $1,430,000 after acquiring an additional 1,768 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of NYSEARCA GLD traded up $1.04 during mid-day trading on Thursday, hitting $220.63. The company had a trading volume of 2,821,237 shares, compared to its average volume of 7,828,380. The firm has a 50-day simple moving average of $200.25 and a two-hundred day simple moving average of $190.27. SPDR Gold Shares has a one year low of $168.30 and a one year high of $225.09.

SPDR Gold Shares 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).