Rockingstone Advisors LLC Purchases 215 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Rockingstone Advisors LLC lifted its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 15.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,588 shares of the exchange traded fund’s stock after purchasing an additional 215 shares during the quarter. Rockingstone Advisors LLC’s holdings in SPDR Gold Shares were worth $385,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Semmax Financial Advisors Inc. grew its position in shares of SPDR Gold Shares by 78.7% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 48 shares during the period. Ashton Thomas Securities LLC bought a new stake in SPDR Gold Shares during the third quarter worth about $28,000. Capital Performance Advisors LLP purchased a new stake in SPDR Gold Shares in the third quarter worth about $35,000. Pittenger & Anderson Inc. bought a new position in shares of SPDR Gold Shares during the third quarter valued at approximately $38,000. Finally, Sugarloaf Wealth Management LLC increased its stake in shares of SPDR Gold Shares by 78.9% during the third quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock valued at $39,000 after purchasing 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 Stock Performance

SPDR Gold Shares stock opened at $248.88 on Thursday. SPDR Gold Shares has a twelve month low of $183.78 and a twelve month high of $257.71. The stock’s 50 day moving average is $243.74 and its 200 day moving average is $237.81.

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).