RoundAngle Advisors LLC Purchases Shares of 15,179 SPDR Gold Shares (NYSEARCA:GLD)

RoundAngle Advisors LLC acquired a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 15,179 shares of the exchange traded fund’s stock, valued at approximately $3,675,000. SPDR Gold Shares accounts for about 3.5% of RoundAngle Advisors LLC’s portfolio, making the stock its 7th largest position.

Several other hedge funds have also modified their holdings of GLD. Semmax Financial Advisors Inc. increased its stake in 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. Ashton Thomas Securities LLC purchased a new stake in shares of SPDR Gold Shares during the 3rd quarter worth about $28,000. Capital Performance Advisors LLP acquired a new stake in SPDR Gold Shares during the 3rd quarter worth approximately $35,000. Pittenger & Anderson Inc. purchased a new position in SPDR Gold Shares in the third quarter valued at approximately $38,000. Finally, Sugarloaf Wealth Management LLC lifted its position in SPDR Gold Shares by 78.9% during the third quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 71 shares in the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Down 0.5 %

GLD opened at $249.27 on Monday. The company has a 50 day moving average of $243.85 and a two-hundred day moving average of $238.37. SPDR Gold Shares has a 52-week low of $183.78 and a 52-week high of $257.71.

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).