American Asset Management Inc. Purchases 59 Shares of SPDR Gold Shares (NYSEARCA:GLD)

American Asset Management Inc. raised its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,236 shares of the exchange traded fund’s stock after purchasing an additional 59 shares during the period. SPDR Gold Shares accounts for approximately 0.6% of American Asset Management Inc.’s portfolio, making the stock its 14th largest holding. American Asset Management Inc.’s holdings in SPDR Gold Shares were worth $541,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Semmax Financial Advisors Inc. boosted its holdings in shares of SPDR Gold Shares by 78.7% in the second quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 48 shares during the period. Ashton Thomas Securities LLC bought a new position in shares of SPDR Gold Shares in the third quarter worth $28,000. Capital Performance Advisors LLP bought a new position in shares of SPDR Gold Shares in the third quarter worth $35,000. Pittenger & Anderson Inc. bought a new position in shares of SPDR Gold Shares in the third quarter worth $38,000. Finally, Sugarloaf Wealth Management LLC boosted 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 acquiring an additional 71 shares during the period. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Down 0.5 %

SPDR Gold Shares stock opened at $249.27 on Tuesday. SPDR Gold Shares has a one year low of $183.78 and a one year high of $257.71. The business has a fifty day moving average price of $243.85 and a 200-day moving average price of $238.51.

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).