B.O.S.S. Retirement Advisors LLC Acquires Shares of 4,431 SPDR Gold Shares (NYSEARCA:GLD)

B.O.S.S. Retirement Advisors LLC purchased a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 4,431 shares of the exchange traded fund’s stock, valued at approximately $1,073,000.

Several other hedge funds also recently added to or reduced their stakes in GLD. International Assets Investment Management LLC boosted its position in shares of SPDR Gold Shares by 21,571.1% during the 3rd quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock worth $735,169,000 after purchasing an additional 3,010,682 shares during the period. Diversify Advisory Services LLC boosted its stake in shares of SPDR Gold Shares by 446.0% in the fourth quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock valued at $59,410,000 after purchasing an additional 195,520 shares during the period. Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of SPDR Gold Shares by 47.5% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock valued at $110,386,000 after purchasing an additional 146,271 shares during the period. Banco Santander S.A. boosted its stake in shares of SPDR Gold Shares by 245.1% in the third quarter. Banco Santander S.A. now owns 160,721 shares of the exchange traded fund’s stock valued at $39,065,000 after purchasing an additional 114,151 shares during the period. Finally, JTC Employer Solutions Trustee Ltd boosted its position in SPDR Gold Shares by 1,565.3% in the 3rd quarter. JTC Employer Solutions Trustee Ltd now owns 115,106 shares of the exchange traded fund’s stock valued at $27,979,000 after buying an additional 108,194 shares during the period. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Up 0.6 %

NYSEARCA:GLD opened at $255.65 on Friday. The stock has a fifty day moving average price of $245.31 and a 200 day moving average price of $239.43. SPDR Gold Shares has a 12-month low of $183.78 and a 12-month high of $257.71.

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).