SPDR Gold Shares (NYSEARCA:GLD) Shares Purchased by LifeGuide Financial Advisors LLC

LifeGuide Financial Advisors LLC raised its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 6.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,022 shares of the exchange traded fund’s stock after purchasing an additional 119 shares during the quarter. SPDR Gold Shares comprises approximately 0.2% of LifeGuide Financial Advisors LLC’s portfolio, making the stock its 29th largest holding. LifeGuide Financial Advisors LLC’s holdings in SPDR Gold Shares were worth $490,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Semmax Financial Advisors Inc. increased its position in 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 valued at $25,000 after acquiring an additional 48 shares during the period. Ashton Thomas Securities LLC acquired a new position in shares of SPDR Gold Shares in the third quarter valued at approximately $28,000. Capital Performance Advisors LLP purchased a new stake in shares of SPDR Gold Shares during the third quarter worth approximately $35,000. Pittenger & Anderson Inc. acquired a new stake in shares of SPDR Gold Shares during the third quarter worth $38,000. Finally, Sugarloaf Wealth Management LLC grew its position in SPDR Gold Shares by 78.9% in the 3rd quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 71 shares during the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

Shares of GLD opened at $253.13 on Wednesday. SPDR Gold Shares has a 1 year low of $183.78 and a 1 year high of $257.71. The company’s fifty day moving average is $244.25 and its two-hundred day moving average is $238.96.

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).