Lion Street Advisors LLC Has $516,000 Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

Lion Street Advisors LLC grew its position in SPDR Gold Shares (NYSEARCA:GLD) by 18.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,122 shares of the exchange traded fund’s stock after purchasing an additional 334 shares during the period. Lion Street Advisors LLC’s holdings in SPDR Gold Shares were worth $516,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Delta Financial Group Inc. boosted its holdings in shares of SPDR Gold Shares by 1.2% during the 3rd quarter. Delta Financial Group Inc. now owns 3,492 shares of the exchange traded fund’s stock worth $849,000 after buying an additional 41 shares during the period. Ballast Inc. increased its stake in shares of SPDR Gold Shares by 3.6% during the second quarter. Ballast Inc. now owns 1,295 shares of the exchange traded fund’s stock worth $278,000 after purchasing an additional 45 shares during the period. Sunbelt Securities Inc. boosted its stake in SPDR Gold Shares by 2.2% in the 2nd quarter. Sunbelt Securities Inc. now owns 2,116 shares of the exchange traded fund’s stock valued at $455,000 after purchasing an additional 45 shares during the period. Peoples Bank KS boosted its position in shares of SPDR Gold Shares by 4.6% in the third quarter. Peoples Bank KS now owns 1,023 shares of the exchange traded fund’s stock valued at $249,000 after acquiring an additional 45 shares during the period. Finally, Burkett Financial Services LLC increased its position in SPDR Gold Shares by 9.9% during the second quarter. Burkett Financial Services LLC now owns 512 shares of the exchange traded fund’s stock worth $110,000 after acquiring an additional 46 shares during the period. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Up 1.1 %

NYSEARCA GLD opened at $245.41 on Friday. The company has a 50 day moving average of $235.20 and a 200-day moving average of $223.45. SPDR Gold Shares has a 1-year low of $173.24 and a 1-year high of $247.37.

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).