Ashton Thomas Securities LLC Invests $28,000 in SPDR Gold Shares (NYSEARCA:GLD)

Ashton Thomas Securities LLC acquired a new stake in SPDR Gold Shares (NYSEARCA:GLD) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 116 shares of the exchange traded fund’s stock, valued at approximately $28,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Triad Wealth Partners LLC acquired a new stake in shares of SPDR Gold Shares in the second quarter valued at about $25,000. Semmax Financial Advisors Inc. lifted its position in shares of SPDR Gold Shares by 78.7% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 48 shares during the period. Private Ocean LLC boosted its stake in shares of 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 in the last quarter. Chris Bulman Inc acquired a new stake in shares of SPDR Gold Shares in the 2nd quarter worth approximately $29,000. Finally, Capital Performance Advisors LLP purchased a new position in SPDR Gold Shares in the 3rd quarter valued at approximately $35,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.3 %

Shares of GLD stock opened at $237.01 on Friday. The stock has a fifty day moving average price of $244.74 and a 200 day moving average price of $229.21. SPDR Gold Shares has a 1 year low of $181.31 and a 1 year high of $257.71.

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).