Elevated Capital Advisors LLC Sells 272 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Elevated Capital Advisors LLC decreased its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 6.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,048 shares of the exchange traded fund’s stock after selling 272 shares during the period. Elevated Capital Advisors LLC’s holdings in SPDR Gold Shares were worth $984,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Triad Wealth Partners LLC bought a new stake in shares of SPDR Gold Shares during the second quarter valued at approximately $25,000. Semmax Financial Advisors Inc. raised its position in shares of SPDR Gold Shares by 78.7% during the second quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 48 shares during the last quarter. Northwest Investment Counselors LLC bought a new stake in shares of SPDR Gold Shares during the first quarter valued at approximately $26,000. Private Ocean LLC raised its position in shares of SPDR Gold Shares by 155.1% during the second quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 76 shares during the last quarter. Finally, Chris Bulman Inc purchased a new position in shares of SPDR Gold Shares in the second quarter valued at $29,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

GLD stock opened at $253.15 on Wednesday. The firm has a fifty day moving average price of $238.69 and a 200 day moving average price of $225.67. SPDR Gold Shares has a fifty-two week low of $179.11 and a fifty-two week high of $253.94.

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).