Canton Hathaway LLC Increases Stake in SPDR Gold Shares (NYSEARCA:GLD)

Canton Hathaway LLC increased its position in SPDR Gold Shares (NYSEARCA:GLD) by 1.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 37,701 shares of the exchange traded fund’s stock after acquiring an additional 497 shares during the period. SPDR Gold Shares makes up 2.3% of Canton Hathaway LLC’s portfolio, making the stock its 5th biggest position. Canton Hathaway LLC’s holdings in SPDR Gold Shares were worth $9,164,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Triad Wealth Partners LLC acquired a new position in shares of SPDR Gold Shares during the 2nd quarter valued at about $25,000. Semmax Financial Advisors Inc. raised its stake in shares of 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 acquiring an additional 48 shares during the last quarter. Private Ocean LLC grew its holdings in SPDR Gold Shares by 155.1% during 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 during the last quarter. Ashton Thomas Securities LLC bought a new stake in shares of SPDR Gold Shares during the third quarter worth $28,000. Finally, Chris Bulman Inc acquired a new position in SPDR Gold Shares in the second quarter valued at approximately $29,000. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Down 0.8 %

Shares of SPDR Gold Shares stock opened at $247.80 on Monday. The stock’s fifty day simple moving average is $246.03 and its 200 day simple moving average is $230.74. SPDR Gold Shares has a 12 month low of $183.15 and a 12 month 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).