Certified Advisory Corp Purchases 985 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Certified Advisory Corp lifted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 10.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,527 shares of the exchange traded fund’s stock after acquiring an additional 985 shares during the quarter. Certified Advisory Corp’s holdings in SPDR Gold Shares were worth $2,549,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in GLD. Semmax Financial Advisors Inc. raised its position in shares of SPDR Gold Shares by 78.7% in the second 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 period. Ashton Thomas Securities LLC bought a new stake in shares of SPDR Gold Shares in the third quarter valued at about $28,000. Capital Performance Advisors LLP acquired a new stake in SPDR Gold Shares during the third quarter worth about $35,000. Pittenger & Anderson Inc. acquired a new position in SPDR Gold Shares in the 3rd quarter valued at approximately $38,000. Finally, Sugarloaf Wealth Management LLC lifted its position in shares of SPDR Gold Shares by 78.9% in 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 during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

GLD opened at $250.60 on Friday. The stock’s 50 day simple moving average is $243.81 and its 200-day simple moving average is $237.89. SPDR Gold Shares has a 1 year low of $183.78 and a 1 year high of $257.71.

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).