SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by ROI Financial Advisors LLC

ROI Financial Advisors LLC raised its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 4.1% in the third quarter, Holdings Channel.com reports. The firm owned 14,231 shares of the exchange traded fund’s stock after buying an additional 556 shares during the period. SPDR Gold Shares comprises 2.4% of ROI Financial Advisors LLC’s portfolio, making the stock its 14th largest holding. ROI Financial Advisors LLC’s holdings in SPDR Gold Shares were worth $3,459,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Obermeyer Wood Investment Counsel Lllp raised its holdings in shares of SPDR Gold Shares by 4.4% during the second quarter. Obermeyer Wood Investment Counsel Lllp now owns 11,645 shares of the exchange traded fund’s stock worth $2,504,000 after purchasing an additional 490 shares during the period. Linden Thomas Advisory Services LLC raised its stake in SPDR Gold Shares by 5.1% during the second quarter. Linden Thomas Advisory Services LLC now owns 4,945 shares of the exchange traded fund’s stock worth $1,063,000 after acquiring an additional 239 shares during the period. RDA Financial Network lifted its holdings in SPDR Gold Shares by 1.8% in the third quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock worth $1,231,000 after acquiring an additional 88 shares during the last quarter. Oxler Private Wealth LLC boosted its stake in SPDR Gold Shares by 48.9% in the second quarter. Oxler Private Wealth LLC now owns 24,438 shares of the exchange traded fund’s stock valued at $5,254,000 after acquiring an additional 8,021 shares during the period. Finally, Blue Fin Capital Inc. grew its holdings in shares of SPDR Gold Shares by 1.1% during the second quarter. Blue Fin Capital Inc. now owns 37,225 shares of the exchange traded fund’s stock valued at $8,004,000 after purchasing an additional 388 shares during the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

Shares of NYSEARCA GLD opened at $237.64 on Thursday. SPDR Gold Shares has a 12-month low of $181.31 and a 12-month high of $257.71. The stock’s 50 day simple moving average is $244.59 and its 200 day simple moving average is $229.15.

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).