Financial Services Advisory Inc Acquires 53 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Financial Services Advisory Inc lifted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.4% in the 3rd quarter, Holdings Channel reports. The firm owned 2,279 shares of the exchange traded fund’s stock after acquiring an additional 53 shares during the period. Financial Services Advisory Inc’s holdings in SPDR Gold Shares were worth $554,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of GLD. Triad Wealth Partners LLC bought a new stake in SPDR Gold Shares in the 2nd quarter worth approximately $25,000. Semmax Financial Advisors Inc. raised its position in SPDR Gold Shares by 78.7% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 48 shares during the period. Private Ocean LLC lifted its stake in SPDR Gold Shares by 155.1% in the second quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 76 shares during the last quarter. Chris Bulman Inc purchased a new stake in SPDR Gold Shares during the second quarter valued at about $29,000. Finally, EdgeRock Capital LLC bought a new position in shares of SPDR Gold Shares during the second quarter valued at about $37,000. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Trading Down 3.0 %

NYSEARCA:GLD opened at $245.72 on Thursday. The firm’s fifty day simple moving average is $243.51 and its 200 day simple moving average is $228.24. SPDR Gold Shares has a twelve month low of $179.11 and a twelve 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).