DHK Financial Advisors Inc. Grows Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

DHK Financial Advisors Inc. lifted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 3.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 27,549 shares of the exchange traded fund’s stock after purchasing an additional 902 shares during the period. SPDR Gold Shares accounts for 4.0% of DHK Financial Advisors Inc.’s portfolio, making the stock its 3rd largest position. DHK Financial Advisors Inc.’s holdings in SPDR Gold Shares were worth $6,670,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently bought and sold shares of GLD. RDA Financial Network raised its position in shares of SPDR Gold Shares by 1.8% during the third quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock worth $1,231,000 after acquiring an additional 88 shares during the last quarter. Advance Capital Management Inc. increased its position in SPDR Gold Shares by 9.4% in the fourth quarter. Advance Capital Management Inc. now owns 3,683 shares of the exchange traded fund’s stock worth $892,000 after purchasing an additional 316 shares during the period. Centaurus Financial Inc. lifted its position in SPDR Gold Shares by 10.1% during the 2nd quarter. Centaurus Financial Inc. now owns 39,597 shares of the exchange traded fund’s stock valued at $8,514,000 after purchasing an additional 3,630 shares during the period. Inspirion Wealth Advisors LLC lifted its position in SPDR Gold Shares by 0.8% during the 3rd 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 bought a new position in shares of SPDR Gold Shares in the 3rd quarter valued at about $564,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

GLD opened at $255.18 on Wednesday. The firm has a 50 day simple moving average of $245.55 and a 200 day simple moving average of $239.93. SPDR Gold Shares has a fifty-two week low of $183.78 and a fifty-two week high of $257.71.

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).