Saxon Interests Inc. Purchases 116 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Saxon Interests Inc. boosted its position in SPDR Gold Shares (NYSEARCA:GLD) by 9.2% in the fourth quarter, HoldingsChannel reports. The firm owned 1,381 shares of the exchange traded fund’s stock after buying an additional 116 shares during the quarter. Saxon Interests Inc.’s holdings in SPDR Gold Shares were worth $334,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Semmax Financial Advisors Inc. boosted its position in 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 worth $25,000 after purchasing an additional 48 shares during the last quarter. Ashton Thomas Securities LLC purchased a new position in shares of SPDR Gold Shares in the 3rd quarter worth about $28,000. Capital Performance Advisors LLP bought a new position in SPDR Gold Shares during the third quarter valued at $35,000. Pittenger & Anderson Inc. purchased a new stake in SPDR Gold Shares during the 3rd quarter worth about $38,000. Finally, Sugarloaf Wealth Management LLC grew its holdings in 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 valued at $39,000 after buying an additional 71 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.1 %

Shares of NYSEARCA:GLD opened at $250.31 on Friday. The company has a 50 day moving average of $243.81 and a 200 day moving average of $237.89. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month 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).