Acorn Wealth Advisors LLC Acquires 44 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Acorn Wealth Advisors LLC grew its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.4% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 3,242 shares of the exchange traded fund’s stock after purchasing an additional 44 shares during the period. Acorn Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $788,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Obermeyer Wood Investment Counsel Lllp raised its holdings in shares of SPDR Gold Shares by 4.4% in the 2nd quarter. Obermeyer Wood Investment Counsel Lllp now owns 11,645 shares of the exchange traded fund’s stock valued at $2,504,000 after purchasing an additional 490 shares during the period. Linden Thomas Advisory Services LLC raised its holdings in shares of SPDR Gold Shares by 5.1% in the 2nd quarter. Linden Thomas Advisory Services LLC now owns 4,945 shares of the exchange traded fund’s stock valued at $1,063,000 after purchasing an additional 239 shares during the period. RDA Financial Network raised its holdings in shares of SPDR Gold Shares by 1.8% in the 3rd quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock valued at $1,231,000 after purchasing an additional 88 shares during the period. Oxler Private Wealth LLC raised its holdings in shares of SPDR Gold Shares by 48.9% in the 2nd quarter. Oxler Private Wealth LLC now owns 24,438 shares of the exchange traded fund’s stock valued at $5,254,000 after purchasing an additional 8,021 shares during the period. Finally, Blue Fin Capital Inc. raised its holdings in shares of SPDR Gold Shares by 1.1% in the 2nd quarter. Blue Fin Capital Inc. now owns 37,225 shares of the exchange traded fund’s stock valued at $8,004,000 after purchasing an additional 388 shares during the period. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Down 2.5 %

GLD traded down $6.24 on Monday, reaching $243.60. The company had a trading volume of 1,988,607 shares, compared to its average volume of 7,029,239. SPDR Gold Shares has a fifty-two week low of $183.15 and a fifty-two week high of $257.71. The company’s fifty day moving average is $246.03 and its 200 day moving average is $230.74.

About SPDR Gold Shares

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).