VitalStone Financial LLC Purchases 4,406 Shares of SPDR Gold Shares (NYSEARCA:GLD)

VitalStone Financial LLC raised its stake in SPDR Gold Shares (NYSEARCA:GLD) by 53.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,704 shares of the exchange traded fund’s stock after purchasing an additional 4,406 shares during the period. SPDR Gold Shares accounts for 2.1% of VitalStone Financial LLC’s holdings, making the stock its 11th biggest holding. VitalStone Financial LLC’s holdings in SPDR Gold Shares were worth $3,088,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Triad Wealth Partners LLC purchased a new position in SPDR Gold Shares in the second quarter valued at approximately $25,000. Semmax Financial Advisors Inc. raised its stake 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 worth $25,000 after acquiring an additional 48 shares in the last quarter. Northwest Investment Counselors LLC purchased a new position in SPDR Gold Shares in the 1st quarter worth $26,000. Private Ocean LLC grew its position in SPDR Gold Shares by 155.1% during the 2nd quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 76 shares during the last quarter. Finally, Security National Bank bought a new position in shares of SPDR Gold Shares in the first quarter worth approximately $28,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

NYSEARCA GLD opened at $245.12 on Monday. The business’s 50-day moving average is $235.20 and its 200 day moving average is $223.75. SPDR Gold Shares has a 1 year low of $177.54 and a 1 year high of $247.37.

SPDR Gold Shares Company Profile

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).