Tobias Financial Advisors Inc. Has $518,000 Position in SPDR Gold Shares (NYSEARCA:GLD)

Tobias Financial Advisors Inc. raised its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 20.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 2,133 shares of the exchange traded fund’s stock after acquiring an additional 365 shares during the quarter. Tobias Financial Advisors Inc.’s holdings in SPDR Gold Shares were worth $518,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Semmax Financial Advisors Inc. raised its position in shares of SPDR Gold Shares by 78.7% during the second quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 48 shares during the last quarter. Triad Wealth Partners LLC acquired a new stake in SPDR Gold Shares during the 2nd quarter worth about $25,000. Private Ocean LLC raised its position in shares of SPDR Gold Shares by 155.1% in 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. Chris Bulman Inc acquired a new position in shares of SPDR Gold Shares in the 2nd quarter valued at about $29,000. Finally, Pittenger & Anderson Inc. bought a new stake in shares of SPDR Gold Shares during the 3rd quarter valued at about $38,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.2 %

NYSEARCA GLD opened at $253.36 on Wednesday. The business has a 50 day simple moving average of $243.23 and a 200 day simple moving average of $228.11. SPDR Gold Shares has a one year low of $179.11 and a one year 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).