SPDR Gold Shares (NYSEARCA:GLD) Position Raised by Atlas Financial Advisors Inc.

Atlas Financial Advisors Inc. lifted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 12.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,966 shares of the exchange traded fund’s stock after buying an additional 340 shares during the period. SPDR Gold Shares makes up about 1.1% of Atlas Financial Advisors Inc.’s investment portfolio, making the stock its 13th largest holding. Atlas Financial Advisors Inc.’s holdings in SPDR Gold Shares were worth $721,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of GLD. Triad Wealth Partners LLC bought a new stake in shares of SPDR Gold Shares during the 2nd quarter worth $25,000. Semmax Financial Advisors Inc. grew its holdings 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 purchasing an additional 48 shares during the last quarter. Private Ocean LLC increased its position in SPDR Gold Shares by 155.1% in the 2nd quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 76 shares in the last quarter. Chris Bulman Inc bought a new position in SPDR Gold Shares in the 2nd quarter valued at $29,000. Finally, EdgeRock Capital LLC bought a new stake in shares of SPDR Gold Shares in the 2nd quarter valued at $37,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 0.4 %

GLD stock opened at $252.52 on Friday. SPDR Gold Shares has a 1 year low of $179.11 and a 1 year high of $257.71. The stock has a 50-day moving average price of $242.43 and a two-hundred day moving average price of $227.56.

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).