Beaumont Financial Advisors LLC Purchases 440 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Beaumont Financial Advisors LLC raised its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 20.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,640 shares of the exchange traded fund’s stock after purchasing an additional 440 shares during the period. Beaumont Financial Advisors LLC’s holdings in SPDR Gold Shares were worth $639,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Semmax Financial Advisors Inc. boosted its stake 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 buying an additional 48 shares in the last quarter. Ashton Thomas Securities LLC bought a new position in shares of SPDR Gold Shares in the third quarter worth about $28,000. Capital Performance Advisors LLP bought a new stake in shares of SPDR Gold Shares during the 3rd quarter valued at approximately $35,000. Pittenger & Anderson Inc. acquired a new position in SPDR Gold Shares during the 3rd quarter worth approximately $38,000. Finally, Sugarloaf Wealth Management LLC increased its position in SPDR Gold Shares by 78.9% during the 3rd quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 71 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Up 0.5 %

NYSEARCA GLD opened at $254.43 on Thursday. The firm’s fifty day moving average price is $244.25 and its two-hundred day moving average price is $238.96. SPDR Gold Shares has a fifty-two week low of $183.78 and a fifty-two week high of $257.71.

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).