Advisory Alpha LLC Has $635,000 Position in SPDR Gold Shares (NYSEARCA:GLD)

Advisory Alpha LLC grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 39.2% during the 4th quarter, HoldingsChannel reports. The fund owned 2,621 shares of the exchange traded fund’s stock after acquiring an additional 738 shares during the period. Advisory Alpha LLC’s holdings in SPDR Gold Shares were worth $635,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Semmax Financial Advisors Inc. increased its stake 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 worth $25,000 after purchasing an additional 48 shares during the last quarter. Ashton Thomas Securities LLC acquired a new position in SPDR Gold Shares during the third quarter worth $28,000. Capital Performance Advisors LLP bought a new position in SPDR Gold Shares during the third quarter valued at about $35,000. Pittenger & Anderson Inc. acquired a new stake in shares of SPDR Gold Shares in the third quarter worth about $38,000. Finally, Sugarloaf Wealth Management LLC boosted its stake in shares of SPDR Gold Shares by 78.9% during the 3rd quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 71 shares in the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

Shares of GLD stock opened at $254.43 on Thursday. The stock’s 50 day simple moving average is $244.25 and its 200 day simple moving average is $238.96. SPDR Gold Shares has a twelve month low of $183.78 and a twelve month high of $257.71.

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).