SPDR Gold Shares (NYSEARCA:GLD) Position Boosted by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. grew its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 0.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 76,708 shares of the exchange traded fund’s stock after buying an additional 376 shares during the period. SPDR Gold Shares comprises 0.5% of B. Riley Wealth Advisors Inc.’s portfolio, making the stock its 29th largest position. B. Riley Wealth Advisors Inc.’s holdings in SPDR Gold Shares were worth $18,748,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Obermeyer Wood Investment Counsel Lllp boosted its stake in SPDR Gold Shares by 4.4% in the second quarter. Obermeyer Wood Investment Counsel Lllp now owns 11,645 shares of the exchange traded fund’s stock valued at $2,504,000 after acquiring an additional 490 shares during the period. RDA Financial Network grew its stake in SPDR Gold Shares by 1.8% during the 3rd quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock worth $1,231,000 after buying an additional 88 shares during the last quarter. Oxler Private Wealth LLC grew its stake in SPDR Gold Shares by 48.9% during the 2nd quarter. Oxler Private Wealth LLC now owns 24,438 shares of the exchange traded fund’s stock worth $5,254,000 after buying an additional 8,021 shares during the last quarter. Blue Fin Capital Inc. increased its position in SPDR Gold Shares by 1.1% in the second quarter. Blue Fin Capital Inc. now owns 37,225 shares of the exchange traded fund’s stock worth $8,004,000 after buying an additional 388 shares during the period. Finally, Centaurus Financial Inc. lifted its stake in SPDR Gold Shares by 10.1% in the second quarter. Centaurus Financial Inc. now owns 39,597 shares of the exchange traded fund’s stock valued at $8,514,000 after buying an additional 3,630 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $244.38 on Friday. SPDR Gold Shares has a one year low of $183.78 and a one year high of $257.71. The company has a 50-day simple moving average of $246.60 and a 200-day simple moving average of $233.24.

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).