HB Wealth Management LLC Has $12.30 Million Holdings in SPDR Gold Shares (NYSEARCA:GLD)

HB Wealth Management LLC raised its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 5.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 50,814 shares of the exchange traded fund’s stock after buying an additional 2,492 shares during the period. HB Wealth Management LLC’s holdings in SPDR Gold Shares were worth $12,304,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of 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 valued at $25,000 after purchasing an additional 48 shares in the last quarter. Ashton Thomas Securities LLC bought a new position in shares of SPDR Gold Shares in the third quarter valued at about $28,000. Capital Performance Advisors LLP bought a new position in shares of SPDR Gold Shares in the third quarter valued at about $35,000. Pittenger & Anderson Inc. acquired a new position in SPDR Gold Shares during the 3rd quarter worth about $38,000. Finally, Sugarloaf Wealth Management LLC grew its holdings in SPDR Gold Shares by 78.9% during the 3rd quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 71 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 0.5 %

Shares of NYSEARCA GLD traded down $1.33 during trading on Friday, reaching $249.27. The company had a trading volume of 8,284,130 shares, compared to its average volume of 4,497,129. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $257.71. The business’s 50 day moving average price is $243.82 and its 200-day moving average price is $237.98.

SPDR Gold Shares 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).