Successful Portfolios LLC Has $277,000 Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Successful Portfolios LLC raised its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 16.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,447 shares of the exchange traded fund’s stock after buying an additional 200 shares during the quarter. Successful Portfolios LLC’s holdings in SPDR Gold Shares were worth $277,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Toronto Dominion Bank raised its position in shares of SPDR Gold Shares by 14.5% during the third quarter. Toronto Dominion Bank now owns 4,660,292 shares of the exchange traded fund’s stock worth $799,007,000 after purchasing an additional 591,368 shares during the period. First Eagle Investment Management LLC raised its position in shares of SPDR Gold Shares by 4.2% during the third quarter. First Eagle Investment Management LLC now owns 3,451,135 shares of the exchange traded fund’s stock worth $599,794,000 after purchasing an additional 137,604 shares during the period. Moneta Group Investment Advisors LLC raised its position in shares of SPDR Gold Shares by 67,584.6% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 3,037,008 shares of the exchange traded fund’s stock worth $515,198,000 after purchasing an additional 3,032,521 shares during the period. Mackenzie Financial Corp raised its position in shares of SPDR Gold Shares by 0.6% during the third quarter. Mackenzie Financial Corp now owns 1,637,245 shares of the exchange traded fund’s stock worth $276,956,000 after purchasing an additional 9,005 shares during the period. Finally, State Street Corp raised its position in shares of SPDR Gold Shares by 256.0% during the first quarter. State Street Corp now owns 1,142,717 shares of the exchange traded fund’s stock worth $206,432,000 after purchasing an additional 821,773 shares during the period. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA GLD traded up $1.46 during trading on Wednesday, hitting $203.10. The stock had a trading volume of 5,888,569 shares, compared to its average volume of 6,610,333. The firm has a fifty day moving average of $191.96 and a two-hundred day moving average of $186.22. SPDR Gold Shares has a 12 month low of $168.30 and a 12 month high of $203.92.

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).