First Pacific Financial Increases Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

First Pacific Financial boosted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 4.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,880 shares of the exchange traded fund’s stock after acquiring an additional 170 shares during the period. First Pacific Financial’s holdings in SPDR Gold Shares were worth $939,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. RDA Financial Network increased its stake in shares of SPDR Gold Shares by 1.8% during the 3rd quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock worth $1,231,000 after purchasing an additional 88 shares in the last quarter. Advance Capital Management Inc. lifted its holdings in SPDR Gold Shares by 9.4% in the 4th quarter. Advance Capital Management Inc. now owns 3,683 shares of the exchange traded fund’s stock valued at $892,000 after purchasing an additional 316 shares in the last quarter. Centaurus Financial Inc. raised its holdings in SPDR Gold Shares by 10.1% in the 2nd quarter. Centaurus Financial Inc. now owns 39,597 shares of the exchange traded fund’s stock valued at $8,514,000 after acquiring an additional 3,630 shares during the last quarter. Inspirion Wealth Advisors LLC grew its position in shares of SPDR Gold Shares by 0.8% in the third quarter. Inspirion Wealth Advisors LLC now owns 6,180 shares of the exchange traded fund’s stock valued at $1,502,000 after purchasing an additional 50 shares during the period. Finally, GSA Capital Partners LLP acquired a new position in SPDR Gold Shares in the third quarter valued at $564,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

GLD opened at $250.60 on Friday. SPDR Gold Shares has a 1 year low of $183.78 and a 1 year high of $257.71. The company’s 50 day simple moving average is $243.81 and its 200 day simple moving average is $237.89.

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).