Canton Hathaway LLC Has $9.16 Million Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Canton Hathaway LLC raised its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.3% in the third quarter, according to its most recent filing with the SEC. The firm owned 37,701 shares of the exchange traded fund’s stock after purchasing an additional 497 shares during the quarter. SPDR Gold Shares makes up approximately 2.3% of Canton Hathaway LLC’s investment portfolio, making the stock its 5th largest holding. Canton Hathaway LLC’s holdings in SPDR Gold Shares were worth $9,164,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Semmax Financial Advisors Inc. lifted its position in shares of 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 valued at $25,000 after buying an additional 48 shares during the last quarter. Triad Wealth Partners LLC bought a new stake in SPDR Gold Shares during the second quarter worth about $25,000. Ashton Thomas Securities LLC bought a new position in shares of SPDR Gold Shares during the 3rd quarter valued at $28,000. Private Ocean LLC grew its position in SPDR Gold Shares by 155.1% during 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 during the last quarter. Finally, Chris Bulman Inc purchased a new position in shares of SPDR Gold Shares in the second quarter valued at about $29,000. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

GLD stock opened at $247.80 on Monday. SPDR Gold Shares has a 1 year low of $183.15 and a 1 year high of $257.71. The firm has a 50-day moving average of $246.03 and a 200 day moving average of $230.74.

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).