Maia Wealth LLC Makes New $72,000 Investment in SPDR Gold Shares (NYSEARCA:GLD)

Maia Wealth LLC purchased a new stake in shares of SPDR Gold Shares (NYSEARCA:GLD) in the third quarter, according to its most recent 13F filing with the SEC. The fund purchased 295 shares of the exchange traded fund’s stock, valued at approximately $72,000.

Several other institutional investors have also recently made changes to their positions in GLD. Obermeyer Wood Investment Counsel Lllp raised its stake in SPDR Gold Shares by 4.4% in the second quarter. Obermeyer Wood Investment Counsel Lllp now owns 11,645 shares of the exchange traded fund’s stock valued at $2,504,000 after purchasing an additional 490 shares in the last quarter. Linden Thomas Advisory Services LLC raised its position in shares of SPDR Gold Shares by 5.1% during the 2nd quarter. Linden Thomas Advisory Services LLC now owns 4,945 shares of the exchange traded fund’s stock valued at $1,063,000 after buying an additional 239 shares in the last quarter. RDA Financial Network raised its position in shares of SPDR Gold Shares by 1.8% during the 3rd quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock valued at $1,231,000 after buying an additional 88 shares in the last quarter. Oxler Private Wealth LLC grew its position in SPDR Gold Shares by 48.9% in the second quarter. Oxler Private Wealth LLC now owns 24,438 shares of the exchange traded fund’s stock worth $5,254,000 after acquiring an additional 8,021 shares in the last quarter. Finally, Blue Fin Capital Inc. grew its position in SPDR Gold Shares by 1.1% in the second quarter. Blue Fin Capital Inc. now owns 37,225 shares of the exchange traded fund’s stock worth $8,004,000 after acquiring an additional 388 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

NYSEARCA GLD opened at $249.66 on Friday. The stock’s 50-day simple moving average is $243.51 and its two-hundred day simple moving average is $228.24. SPDR Gold Shares has a twelve month low of $179.11 and a twelve month high of $257.71.

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).