215 Shares in SPDR Gold Shares (NYSEARCA:GLD) Bought by Fortitude Family Office LLC

Fortitude Family Office LLC acquired a new stake in SPDR Gold Shares (NYSEARCA:GLD) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 215 shares of the exchange traded fund’s stock, valued at approximately $52,000.

A number of other institutional investors and hedge funds have also made changes to their positions in GLD. Triad Wealth Partners LLC acquired a new position in SPDR Gold Shares in the 2nd quarter valued at about $25,000. Semmax Financial Advisors Inc. grew its stake in shares of SPDR Gold Shares by 78.7% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 48 shares during the last quarter. Private Ocean LLC increased its holdings in shares of 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 purchasing an additional 76 shares during the period. Chris Bulman Inc acquired a new position in shares of SPDR Gold Shares in the second quarter valued at approximately $29,000. Finally, EdgeRock Capital LLC acquired a new stake in shares of SPDR Gold Shares during the second quarter worth $37,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

Shares of GLD opened at $256.09 on Wednesday. SPDR Gold Shares has a 1 year low of $179.11 and a 1 year high of $256.29. The company’s fifty day moving average is $241.03 and its two-hundred day moving average is $226.94.

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).