Tradewinds LLC. Invests $928,000 in SPDR Gold Shares (NYSEARCA:GLD)

Tradewinds LLC. acquired a new stake in shares of SPDR Gold Shares (NYSEARCA:GLD) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,816 shares of the exchange traded fund’s stock, valued at approximately $928,000.

A number of other institutional investors have also modified their holdings of the business. Triad Wealth Partners LLC bought a new stake in SPDR Gold Shares in the 2nd quarter valued at about $25,000. Semmax Financial Advisors Inc. increased its stake 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 valued at $25,000 after purchasing an additional 48 shares during the period. Private Ocean LLC raised its holdings in shares of SPDR Gold Shares by 155.1% during the second quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 76 shares during the last quarter. Ashton Thomas Securities LLC acquired a new position in shares of SPDR Gold Shares during the third quarter worth approximately $28,000. Finally, Chris Bulman Inc bought a new position in SPDR Gold Shares in the 2nd quarter worth approximately $29,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.6 %

Shares of SPDR Gold Shares stock opened at $244.62 on Thursday. SPDR Gold Shares has a 1-year low of $183.15 and a 1-year high of $257.71. The business’s fifty day moving average price is $245.60 and its two-hundred day moving average price is $230.15.

SPDR Gold Shares 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).