Headinvest LLC Raises Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

Headinvest LLC raised its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 61.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 10,442 shares of the exchange traded fund’s stock after buying an additional 3,980 shares during the period. Headinvest LLC’s holdings in SPDR Gold Shares were worth $2,538,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Semmax Financial Advisors Inc. lifted 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 during the period. Triad Wealth Partners LLC purchased a new stake in shares of SPDR Gold Shares during the 2nd quarter valued at about $25,000. Ashton Thomas Securities LLC bought a new position in shares of SPDR Gold Shares in the 3rd quarter worth approximately $28,000. Private Ocean LLC boosted its holdings in shares of SPDR Gold Shares by 155.1% in the second quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 76 shares during the last quarter. Finally, Chris Bulman Inc bought a new stake in SPDR Gold Shares during the second quarter valued at approximately $29,000. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Up 0.0 %

Shares of GLD stock opened at $242.95 on Friday. SPDR Gold Shares has a 12 month low of $183.15 and a 12 month high of $257.71. The company has a 50 day simple moving average of $246.36 and a two-hundred day simple moving average of $232.30.

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).