CreativeOne Wealth LLC Has $6.37 Million Position in SPDR Gold Shares (NYSEARCA:GLD)

CreativeOne Wealth LLC boosted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 23.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,202 shares of the exchange traded fund’s stock after buying an additional 5,040 shares during the period. CreativeOne Wealth LLC’s holdings in SPDR Gold Shares were worth $6,369,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in GLD. Triad Wealth Partners LLC purchased a new position in shares of SPDR Gold Shares during the second quarter valued at approximately $25,000. Semmax Financial Advisors Inc. boosted its holdings in 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 worth $25,000 after acquiring an additional 48 shares during the last quarter. Private Ocean LLC grew 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 acquiring an additional 76 shares in the last quarter. Ashton Thomas Securities LLC bought a new stake in shares of SPDR Gold Shares in the 3rd quarter worth $28,000. Finally, Chris Bulman Inc purchased a new stake in shares of SPDR Gold Shares in the second quarter valued at about $29,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

SPDR Gold Shares stock opened at $242.95 on Wednesday. SPDR Gold Shares has a 52 week low of $183.15 and a 52 week high of $257.71. The company’s 50 day moving average price is $246.22 and its two-hundred day moving average price is $231.09.

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).