LifePlan Financial Group Inc Boosts Holdings in SPDR Gold Shares (GLD)

LifePlan Financial Group Inc raised its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 13.9% during the 4th quarter, HoldingsChannel reports. The fund owned 1,505 shares of the exchange traded fund’s stock after acquiring an additional 184 shares during the period. LifePlan Financial Group Inc’s holdings in SPDR Gold Shares were worth $182,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Global Trust Asset Management LLC boosted its position in SPDR Gold Shares by 598.4% during the 4th quarter. Global Trust Asset Management LLC now owns 3,485 shares of the exchange traded fund’s stock valued at $423,000 after acquiring an additional 2,986 shares in the last quarter. GenWealth Group Inc. purchased a new position in shares of SPDR Gold Shares during the fourth quarter valued at approximately $23,231,000. Carroll Financial Associates Inc. lifted its holdings in shares of SPDR Gold Shares by 27.0% during the fourth quarter. Carroll Financial Associates Inc. now owns 4,930 shares of the exchange traded fund’s stock valued at $600,000 after purchasing an additional 1,047 shares during the last quarter. Atalanta Sosnoff Capital LLC purchased a new position in shares of SPDR Gold Shares during the fourth quarter valued at approximately $203,000. Finally, Menlo Advisors LLC lifted its holdings in shares of SPDR Gold Shares by 21.1% during the fourth quarter. Menlo Advisors LLC now owns 56,743 shares of the exchange traded fund’s stock valued at $6,880,000 after purchasing an additional 9,905 shares during the last quarter.

GLD stock opened at $121.80 on Friday. SPDR Gold Shares has a 52-week low of $111.06 and a 52-week high of $129.51.

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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).

Further Reading: How liquidity affects the bid-ask spread

Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLD).

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

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