Insight Advisors LLC PA Boosts Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Insight Advisors LLC PA boosted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 12.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,852 shares of the exchange traded fund’s stock after acquiring an additional 208 shares during the period. Insight Advisors LLC PA’s holdings in SPDR Gold Shares were worth $446,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in GLD. Ashton Thomas Securities LLC bought a new stake in shares of SPDR Gold Shares in the third quarter valued at approximately $28,000. Capital Performance Advisors LLP purchased a new position in SPDR Gold Shares during the 3rd quarter valued at about $35,000. Pittenger & Anderson Inc. bought a new stake in shares of SPDR Gold Shares during the third quarter valued at about $38,000. Sugarloaf Wealth Management LLC lifted its holdings in shares of SPDR Gold Shares by 78.9% in the third quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 71 shares in the last quarter. Finally, Maryland Capital Advisors Inc. bought a new position in shares of SPDR Gold Shares in the third quarter valued at approximately $40,000. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Up 0.6 %

Shares of NYSEARCA:GLD opened at $264.13 on Thursday. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $265.99. The company has a 50 day moving average of $247.12 and a 200 day moving average of $241.33.

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).