Acorn Wealth Advisors LLC Has $788,000 Position in SPDR Gold Shares (NYSEARCA:GLD)

Acorn Wealth Advisors LLC boosted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.4% in the third quarter, according to its most recent filing with the SEC. The firm owned 3,242 shares of the exchange traded fund’s stock after acquiring an additional 44 shares during the period. Acorn Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $788,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of GLD. Obermeyer Wood Investment Counsel Lllp lifted its position in SPDR Gold Shares by 4.4% in the 2nd quarter. Obermeyer Wood Investment Counsel Lllp now owns 11,645 shares of the exchange traded fund’s stock valued at $2,504,000 after acquiring an additional 490 shares in the last quarter. Linden Thomas Advisory Services LLC lifted its position in SPDR Gold Shares by 5.1% in the 2nd quarter. Linden Thomas Advisory Services LLC now owns 4,945 shares of the exchange traded fund’s stock valued at $1,063,000 after acquiring an additional 239 shares in the last quarter. RDA Financial Network lifted its position in 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 valued at $1,231,000 after acquiring an additional 88 shares in the last quarter. Oxler Private Wealth LLC lifted its position in SPDR Gold Shares by 48.9% in the 2nd 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 in the last quarter. Finally, Blue Fin Capital Inc. lifted its position in SPDR Gold Shares by 1.1% in the 2nd quarter. Blue Fin Capital Inc. now owns 37,225 shares of the exchange traded fund’s stock valued at $8,004,000 after acquiring an additional 388 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 2.5 %

GLD traded down $6.24 during trading on Monday, hitting $243.60. The company had a trading volume of 1,988,607 shares, compared to its average volume of 7,029,239. SPDR Gold Shares has a one year low of $183.15 and a one year high of $257.71. The firm’s 50-day moving average price is $246.03 and its 200 day moving average price is $230.74.

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).