Symphony Financial Ltd. Co. Has $7.28 Million Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Symphony Financial Ltd. Co. boosted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 6.6% during the third quarter, Holdings Channel reports. The institutional investor owned 29,711 shares of the exchange traded fund’s stock after buying an additional 1,845 shares during the period. SPDR Gold Shares comprises approximately 1.2% of Symphony Financial Ltd. Co.’s investment portfolio, making the stock its 23rd biggest position. Symphony Financial Ltd. Co.’s holdings in SPDR Gold Shares were worth $7,280,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Wellington Management Group LLP raised its stake in SPDR Gold Shares by 8.5% in the 4th quarter. Wellington Management Group LLP now owns 221,938 shares of the exchange traded fund’s stock worth $42,428,000 after purchasing an additional 17,428 shares in the last quarter. Northwest Investment Counselors LLC bought a new stake in shares of SPDR Gold Shares in the first quarter valued at approximately $26,000. Gilman Hill Asset Management LLC grew its position in SPDR Gold Shares by 8.5% during the first quarter. Gilman Hill Asset Management LLC now owns 1,402 shares of the exchange traded fund’s stock worth $288,000 after buying an additional 110 shares in the last quarter. Columbus Macro LLC increased its stake in SPDR Gold Shares by 2.2% during the 1st quarter. Columbus Macro LLC now owns 3,550 shares of the exchange traded fund’s stock worth $730,000 after acquiring an additional 76 shares during the period. Finally, Security National Bank acquired a new position in SPDR Gold Shares in the 1st quarter valued at $28,000. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Up 1.1 %

Shares of NYSEARCA GLD traded up $2.71 during mid-day trading on Tuesday, reaching $253.93. The company had a trading volume of 5,270,547 shares, compared to its average volume of 6,985,613. The business’s 50-day simple moving average is $238.17 and its 200 day simple moving average is $225.40. SPDR Gold Shares has a one year low of $179.11 and a one year high of $253.93.

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).