Sanctuary Advisors LLC Raises Position in SPDR Gold Shares (NYSEARCA:GLD)

Sanctuary Advisors LLC lifted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 26.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 88,440 shares of the exchange traded fund’s stock after buying an additional 18,573 shares during the quarter. Sanctuary Advisors LLC’s holdings in SPDR Gold Shares were worth $22,096,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Semmax Financial Advisors Inc. lifted its position 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 in the last quarter. Triad Wealth Partners LLC purchased a new stake in SPDR Gold Shares during the 2nd quarter worth $25,000. Ashton Thomas Securities LLC acquired a new position in SPDR Gold Shares in the 3rd quarter worth $28,000. Private Ocean LLC boosted 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 buying an additional 76 shares during the last quarter. Finally, Chris Bulman Inc acquired a new stake in shares of SPDR Gold Shares during the second quarter valued at about $29,000. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Down 1.5 %

Shares of NYSEARCA GLD opened at $247.32 on Friday. SPDR Gold Shares has a 1 year low of $183.38 and a 1 year high of $257.71. The stock’s 50-day simple moving average is $246.61 and its 200-day simple moving average is $233.05.

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).