MFA Wealth Services Acquires Shares of 1,000 SPDR Gold Shares (NYSEARCA:GLD)

MFA Wealth Services purchased a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,000 shares of the exchange traded fund’s stock, valued at approximately $242,000.

A number of other institutional investors and hedge funds have also made changes to their positions in GLD. 1832 Asset Management L.P. lifted its holdings in shares of SPDR Gold Shares by 1.6% in the 2nd quarter. 1832 Asset Management L.P. now owns 5,115 shares of the exchange traded fund’s stock valued at $1,100,000 after buying an additional 80 shares during the period. AQR Capital Management LLC lifted its holdings in SPDR Gold Shares by 4.2% in the second quarter. AQR Capital Management LLC now owns 94,939 shares of the exchange traded fund’s stock valued at $20,413,000 after acquiring an additional 3,839 shares during the period. Delta Investment Management LLC lifted its holdings in SPDR Gold Shares by 22.3% in the second quarter. Delta Investment Management LLC now owns 6,808 shares of the exchange traded fund’s stock valued at $1,464,000 after acquiring an additional 1,241 shares during the period. Dimension Capital Management LLC boosted its position in shares of SPDR Gold Shares by 3.2% during the 2nd quarter. Dimension Capital Management LLC now owns 187,467 shares of the exchange traded fund’s stock worth $40,307,000 after purchasing an additional 5,770 shares in the last quarter. Finally, Daymark Wealth Partners LLC grew its stake in shares of SPDR Gold Shares by 33.4% during the 2nd quarter. Daymark Wealth Partners LLC now owns 2,236 shares of the exchange traded fund’s stock worth $481,000 after purchasing an additional 560 shares during the period. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Down 0.1 %

Shares of NYSEARCA GLD opened at $254.07 on Friday. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $257.71. The firm has a 50-day moving average price of $244.59 and a 200 day moving average price of $239.07.

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).