SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by McElhenny Sheffield Capital Management LLC

McElhenny Sheffield Capital Management LLC lifted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 7,255.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 66,931 shares of the exchange traded fund’s stock after acquiring an additional 66,021 shares during the period. SPDR Gold Shares accounts for approximately 5.4% of McElhenny Sheffield Capital Management LLC’s portfolio, making the stock its 7th biggest position. McElhenny Sheffield Capital Management LLC’s holdings in SPDR Gold Shares were worth $16,206,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of GLD. Romano Brothers AND Company lifted its stake in shares of SPDR Gold Shares by 1.0% in the 3rd quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock valued at $1,002,000 after purchasing an additional 40 shares during the last quarter. Delta Financial Group Inc. lifted its position in SPDR Gold Shares by 1.2% in the third quarter. Delta Financial Group Inc. now owns 3,492 shares of the exchange traded fund’s stock valued at $849,000 after buying an additional 41 shares during the last quarter. Spinnaker Trust boosted its stake in SPDR Gold Shares by 1.1% during the third quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock worth $956,000 after buying an additional 43 shares during the period. Compton Wealth Advisory Group LLC increased its position in shares of SPDR Gold Shares by 3.2% during the third quarter. Compton Wealth Advisory Group LLC now owns 1,409 shares of the exchange traded fund’s stock valued at $342,000 after acquiring an additional 44 shares during the last quarter. Finally, Acorn Wealth Advisors LLC raised its stake in shares of SPDR Gold Shares by 1.4% in the 3rd quarter. Acorn Wealth Advisors LLC now owns 3,242 shares of the exchange traded fund’s stock valued at $788,000 after acquiring an additional 44 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.5 %

NYSEARCA:GLD opened at $249.27 on Friday. SPDR Gold Shares has a fifty-two week low of $183.78 and a fifty-two week high of $257.71. The company has a 50 day moving average price of $243.85 and a 200 day moving average price of $238.21.

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).