Platform Technology Partners Raises Stake in SPDR Gold Shares (NYSEARCA:GLD)

Platform Technology Partners boosted its position in SPDR Gold Shares (NYSEARCA:GLD) by 12.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,353 shares of the exchange traded fund’s stock after buying an additional 688 shares during the period. Platform Technology Partners’ holdings in SPDR Gold Shares were worth $1,544,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of GLD. Triad Wealth Partners LLC purchased a new stake in SPDR Gold Shares in the second quarter valued at approximately $25,000. Semmax Financial Advisors Inc. boosted its position in 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 during the last quarter. Private Ocean LLC boosted its position in SPDR Gold Shares by 155.1% in the second quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 76 shares during the last quarter. Ashton Thomas Securities LLC purchased a new stake in SPDR Gold Shares in the third quarter valued at approximately $28,000. Finally, Chris Bulman Inc purchased a new stake in SPDR Gold Shares in the second quarter valued at approximately $29,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of NYSEARCA:GLD opened at $242.14 on Tuesday. SPDR Gold Shares has a 12-month low of $179.11 and a 12-month high of $257.71. The business has a 50 day moving average of $244.40 and a two-hundred day moving average of $228.99.

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).