Mayfair Advisory Group LLC Purchases 918 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Mayfair Advisory Group LLC lifted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 48.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,808 shares of the exchange traded fund’s stock after purchasing an additional 918 shares during the period. Mayfair Advisory Group LLC’s holdings in SPDR Gold Shares were worth $680,000 as of its most recent filing with the SEC.

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

SPDR Gold Shares Stock Up 0.5 %

Shares of GLD opened at $247.03 on Wednesday. The company has a 50-day simple moving average of $243.74 and a 200-day simple moving average of $237.81. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $257.71.

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).