Tyler Stone Wealth Management Has $3.10 Million Position in SPDR Gold Shares (NYSEARCA:GLD)

Tyler Stone Wealth Management grew its stake in SPDR Gold Shares (NYSEARCA:GLD) by 91.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,732 shares of the exchange traded fund’s stock after purchasing an additional 6,076 shares during the quarter. Tyler Stone Wealth Management’s holdings in SPDR Gold Shares were worth $3,095,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Triad Wealth Partners LLC acquired a new position in SPDR Gold Shares in the 2nd quarter valued at $25,000. Semmax Financial Advisors Inc. increased its position in 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 acquiring an additional 48 shares during the period. Private Ocean LLC raised its stake 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 worth $27,000 after purchasing an additional 76 shares in the last quarter. Chris Bulman Inc bought a new stake in SPDR Gold Shares in the 2nd quarter valued at about $29,000. Finally, Capital Performance Advisors LLP acquired a new position in shares of SPDR Gold Shares during the 3rd quarter worth approximately $35,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.7 %

Shares of GLD traded down $1.69 during mid-day trading on Friday, hitting $247.96. 6,267,916 shares of the company’s stock were exchanged, compared to its average volume of 6,648,819. The stock’s 50-day simple moving average is $244.18 and its 200-day simple moving average is $228.61. SPDR Gold Shares has a 52 week low of $179.11 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).