Global Assets Advisory LLC purchased a new position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,578 shares of the exchange traded fund’s stock, valued at approximately $879,000.
Other large investors have also recently made changes to their positions in the company. Semmax Financial Advisors Inc. boosted its holdings in SPDR Gold Shares by 78.7% in the second quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 48 shares in the last quarter. Triad Wealth Partners LLC bought a new stake in SPDR Gold Shares in the second quarter valued at $25,000. Private Ocean LLC boosted its holdings in SPDR Gold Shares by 155.1% in the second quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 76 shares in the last quarter. Chris Bulman Inc bought a new stake in SPDR Gold Shares in the second quarter valued at $29,000. Finally, Sugarloaf Wealth Management LLC boosted its holdings in SPDR Gold Shares by 78.9% in the third quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 71 shares in the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.
SPDR Gold Shares Trading Down 1.2 %
NYSEARCA:GLD opened at $250.87 on Thursday. The firm’s fifty day simple moving average is $239.18 and its 200 day simple moving average is $225.85. SPDR Gold Shares has a twelve month low of $179.11 and a twelve month high of $253.94.
SPDR Gold Shares Company 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).
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