Altiora Financial Group LLC Reduces Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

Altiora Financial Group LLC lessened its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,765 shares of the exchange traded fund’s stock after selling 92 shares during the quarter. Altiora Financial Group LLC’s holdings in SPDR Gold Shares were worth $1,644,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Triad Wealth Partners LLC bought a new stake in SPDR Gold Shares during the second quarter valued at approximately $25,000. Semmax Financial Advisors Inc. grew its position in shares of SPDR Gold Shares by 78.7% during the 2nd 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 during the period. Private Ocean LLC increased its stake in shares of SPDR Gold Shares by 155.1% in the 2nd quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 76 shares in the last quarter. Ashton Thomas Securities LLC purchased a new stake in shares of SPDR Gold Shares in the 3rd quarter worth $28,000. Finally, Chris Bulman Inc bought a new position in SPDR Gold Shares in the 2nd quarter worth $29,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.8 %

NYSEARCA GLD opened at $246.66 on Friday. SPDR Gold Shares has a 52 week low of $183.15 and a 52 week high of $257.71. The stock’s 50-day moving average price is $245.81 and its 200-day moving average price is $230.27.

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).