SPDR Gold Shares (NYSEARCA:GLD) is Capital Advisory Group Advisory Services LLC’s 10th Largest Position

Capital Advisory Group Advisory Services LLC increased its position in SPDR Gold Shares (NYSEARCA:GLD) by 4.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 21,159 shares of the exchange traded fund’s stock after buying an additional 848 shares during the quarter. SPDR Gold Shares comprises 1.8% of Capital Advisory Group Advisory Services LLC’s holdings, making the stock its 10th largest position. Capital Advisory Group Advisory Services LLC’s holdings in SPDR Gold Shares were worth $5,123,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. International Assets Investment Management LLC boosted its stake in SPDR Gold Shares by 21,571.1% during the 3rd quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock valued at $735,169,000 after acquiring an additional 3,010,682 shares during the last quarter. Strategic Financial Concepts LLC boosted its stake in SPDR Gold Shares by 24,600.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 608,876 shares of the exchange traded fund’s stock valued at $147,427,000 after acquiring an additional 606,411 shares during the last quarter. Diversify Advisory Services LLC boosted its stake in SPDR Gold Shares by 446.0% during the 4th quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock valued at $59,410,000 after acquiring an additional 195,520 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its stake in SPDR Gold Shares by 47.5% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock valued at $110,386,000 after acquiring an additional 146,271 shares during the last quarter. Finally, Banco Santander S.A. lifted its position in shares of SPDR Gold Shares by 245.1% in the 3rd quarter. Banco Santander S.A. now owns 160,721 shares of the exchange traded fund’s stock worth $39,065,000 after buying an additional 114,151 shares during the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $270.99 on Friday. The firm’s 50-day moving average is $252.48 and its 200-day moving average is $244.82. SPDR Gold Shares has a 1 year low of $187.05 and a 1 year high of $271.84.

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).