Centaurus Financial Inc. Increases Stake in SPDR Gold Shares (NYSEARCA:GLD)

Centaurus Financial Inc. increased its stake in SPDR Gold Shares (NYSEARCA:GLD) by 34.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 53,329 shares of the exchange traded fund’s stock after acquiring an additional 13,732 shares during the period. SPDR Gold Shares makes up 0.8% of Centaurus Financial Inc.’s investment portfolio, making the stock its 22nd largest position. Centaurus Financial Inc.’s holdings in SPDR Gold Shares were worth $12,962,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. Triad Wealth Partners LLC purchased a new position in shares of SPDR Gold Shares in the 2nd quarter worth about $25,000. Semmax Financial Advisors Inc. increased its position in 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 worth $25,000 after purchasing an additional 48 shares in the last quarter. Private Ocean LLC raised its holdings in SPDR Gold Shares by 155.1% in 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 period. Ashton Thomas Securities LLC acquired a new position in SPDR Gold Shares during the third quarter valued at approximately $28,000. Finally, Chris Bulman Inc purchased a new stake in SPDR Gold Shares during the second quarter worth approximately $29,000. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

Shares of GLD stock opened at $249.84 on Friday. The company’s fifty day simple moving average is $246.03 and its 200-day simple moving average is $230.62. SPDR Gold Shares has a 52 week low of $183.15 and a 52 week high of $257.71.

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).