RoundAngle Advisors LLC Makes New Investment in SPDR Gold Shares (NYSEARCA:GLD)

RoundAngle Advisors LLC bought a new stake in shares of SPDR Gold Shares (NYSEARCA:GLD) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 15,179 shares of the exchange traded fund’s stock, valued at approximately $3,675,000. SPDR Gold Shares comprises 3.5% of RoundAngle Advisors LLC’s holdings, making the stock its 7th biggest position.

A number of other hedge funds have also made changes to their positions in the stock. RDA Financial Network grew its position in shares of SPDR Gold Shares by 1.8% in the 3rd 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 in the last quarter. Advance Capital Management Inc. increased its stake in SPDR Gold Shares by 9.4% during the fourth quarter. Advance Capital Management Inc. now owns 3,683 shares of the exchange traded fund’s stock valued at $892,000 after purchasing an additional 316 shares during the last quarter. Centaurus Financial Inc. raised its holdings in shares of SPDR Gold Shares by 10.1% during the second quarter. Centaurus Financial Inc. now owns 39,597 shares of the exchange traded fund’s stock worth $8,514,000 after purchasing an additional 3,630 shares during the period. Inspirion Wealth Advisors LLC lifted its position in shares of SPDR Gold Shares by 0.8% in the 3rd quarter. Inspirion Wealth Advisors LLC now owns 6,180 shares of the exchange traded fund’s stock worth $1,502,000 after buying an additional 50 shares during the last quarter. Finally, GSA Capital Partners LLP acquired a new position in shares of SPDR Gold Shares in the 3rd quarter valued at about $564,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.5 %

Shares of NYSEARCA:GLD opened at $249.27 on Monday. The firm has a 50-day simple moving average of $243.85 and a 200 day simple moving average of $238.37. SPDR Gold Shares has a fifty-two week low of $183.78 and a fifty-two week high of $257.71.

About SPDR Gold Shares

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).