Circle Wealth Management LLC Grows Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Circle Wealth Management LLC grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 5.5% during the 3rd quarter, HoldingsChannel reports. The fund owned 26,393 shares of the exchange traded fund’s stock after buying an additional 1,381 shares during the period. Circle Wealth Management LLC’s holdings in SPDR Gold Shares were worth $6,415,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Semmax Financial Advisors Inc. increased its holdings in SPDR Gold Shares by 78.7% during the 2nd 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 period. Triad Wealth Partners LLC bought a new position in shares of SPDR Gold Shares in the second quarter worth $25,000. Ashton Thomas Securities LLC purchased a new stake in shares of SPDR Gold Shares in the third quarter worth $28,000. Private Ocean LLC boosted its stake in SPDR Gold Shares by 155.1% during 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 period. Finally, Chris Bulman Inc purchased a new position in SPDR Gold Shares during the second quarter worth about $29,000. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Performance

GLD stock opened at $245.59 on Friday. SPDR Gold Shares has a 1-year low of $183.15 and a 1-year high of $257.71. The company’s 50 day moving average is $246.53 and its 200 day moving average is $231.47.

SPDR Gold Shares Company 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).