Pure Financial Advisors LLC Has $1.50 Million Stake in SPDR Gold Shares (NYSEARCA:GLD)

Pure Financial Advisors LLC lifted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 6.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,189 shares of the exchange traded fund’s stock after acquiring an additional 396 shares during the quarter. Pure Financial Advisors LLC’s holdings in SPDR Gold Shares were worth $1,499,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Semmax Financial Advisors Inc. raised its position in 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. Ashton Thomas Securities LLC bought a new position in shares of SPDR Gold Shares in the third quarter valued at about $28,000. Capital Performance Advisors LLP acquired a new position in SPDR Gold Shares during the 3rd quarter worth about $35,000. Pittenger & Anderson Inc. bought a new stake in SPDR Gold Shares during the 3rd quarter worth about $38,000. Finally, Sugarloaf Wealth Management LLC increased its position in 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 valued at $39,000 after acquiring an additional 71 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Price Performance

GLD opened at $249.27 on Tuesday. The company’s 50 day simple moving average is $243.85 and its 200-day simple moving average is $238.51. SPDR Gold Shares has a one year low of $183.78 and a one year 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).