SPDR Gold Shares (NYSEARCA:GLD) Shares Bought by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC grew its position in SPDR Gold Shares (NYSEARCA:GLD) by 2.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,500 shares of the exchange traded fund’s stock after purchasing an additional 581 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $7,170,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Triad Wealth Partners LLC acquired a new stake in SPDR Gold Shares in the 2nd quarter valued at $25,000. Semmax Financial Advisors Inc. grew its stake in shares of 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. Northwest Investment Counselors LLC purchased a new stake in shares of SPDR Gold Shares during the 1st quarter valued at about $26,000. Private Ocean LLC lifted 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 in the last quarter. Finally, Chris Bulman Inc purchased a new position in SPDR Gold Shares in the 2nd quarter worth approximately $29,000. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Down 1.1 %

Shares of GLD traded down $2.69 during mid-day trading on Wednesday, reaching $251.24. 5,091,579 shares of the stock traded hands, compared to its average volume of 6,977,853. The stock has a fifty day simple moving average of $238.69 and a 200 day simple moving average of $225.67. SPDR Gold Shares has a 12-month low of $179.11 and a 12-month high of $253.94.

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).