SPDR Gold Shares (NYSEARCA:GLD) Shares Purchased by Miracle Mile Advisors LLC

Miracle Mile Advisors LLC boosted its stake in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 33.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,401 shares of the exchange traded fund’s stock after acquiring an additional 607 shares during the period. Miracle Mile Advisors LLC’s holdings in SPDR Gold Shares were worth $459,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Capital Market Strategies LLC raised its holdings in shares of SPDR Gold Shares by 4.6% during the fourth quarter. Capital Market Strategies LLC now owns 1,247 shares of the exchange traded fund’s stock worth $238,000 after purchasing an additional 55 shares during the period. Pensionmark Financial Group LLC raised its holdings in shares of SPDR Gold Shares by 1.1% during the first quarter. Pensionmark Financial Group LLC now owns 5,029 shares of the exchange traded fund’s stock worth $921,000 after purchasing an additional 55 shares during the period. IAG Wealth Partners LLC raised its holdings in shares of SPDR Gold Shares by 9.5% during the third quarter. IAG Wealth Partners LLC now owns 648 shares of the exchange traded fund’s stock worth $111,000 after purchasing an additional 56 shares during the period. Financial Sense Advisors Inc. raised its holdings in shares of SPDR Gold Shares by 2.0% during the third quarter. Financial Sense Advisors Inc. now owns 2,891 shares of the exchange traded fund’s stock worth $496,000 after purchasing an additional 56 shares during the period. Finally, Inspirion Wealth Advisors LLC raised its holdings in shares of SPDR Gold Shares by 0.9% during the third quarter. Inspirion Wealth Advisors LLC now owns 6,080 shares of the exchange traded fund’s stock worth $1,042,000 after purchasing an additional 57 shares during the period. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

Shares of NYSEARCA:GLD opened at $210.86 on Wednesday. SPDR Gold Shares has a 1-year low of $168.30 and a 1-year high of $211.03. The company’s fifty day moving average is $193.44 and its two-hundred day moving average is $187.01.

SPDR Gold Shares Profile

(Free Report)

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).

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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