7,538 Shares in SPDR Gold Shares $GLD Purchased by Maxele Advisors LLC

Maxele Advisors LLC acquired a new position in SPDR Gold Shares (NYSEARCA:GLDFree Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 7,538 shares of the exchange traded fund’s stock, valued at approximately $2,680,000. SPDR Gold Shares comprises about 2.3% of Maxele Advisors LLC’s holdings, making the stock its 12th largest holding.

Several other large investors also recently bought and sold shares of the company. Empirical Asset Management LLC boosted its holdings in shares of SPDR Gold Shares by 256.7% during the 3rd quarter. Empirical Asset Management LLC now owns 36,404 shares of the exchange traded fund’s stock worth $12,941,000 after purchasing an additional 26,197 shares during the last quarter. Colonial Trust Advisors grew its position in shares of SPDR Gold Shares by 7.6% in the third quarter. Colonial Trust Advisors now owns 19,720 shares of the exchange traded fund’s stock valued at $7,010,000 after purchasing an additional 1,385 shares in the last quarter. Spirepoint Private Client LLC acquired a new stake in shares of SPDR Gold Shares in the third quarter valued at approximately $742,000. FAS Wealth Partners Inc. increased its holdings in shares of SPDR Gold Shares by 71.1% in the third quarter. FAS Wealth Partners Inc. now owns 20,916 shares of the exchange traded fund’s stock valued at $7,435,000 after purchasing an additional 8,691 shares during the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its position in SPDR Gold Shares by 19.4% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 36,470 shares of the exchange traded fund’s stock worth $12,964,000 after buying an additional 5,932 shares in the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

NYSEARCA GLD opened at $460.43 on Tuesday. The stock’s fifty day moving average is $455.34 and its two-hundred day moving average is $401.08. The firm has a market capitalization of $175.01 billion, a P/E ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a fifty-two week low of $272.58 and a fifty-two week high of $509.70.

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SPDR Gold Shares Profile

(Free Report)

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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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