LifeGuide Financial Advisors LLC Has $370,000 Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

LifeGuide Financial Advisors LLC increased its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 11.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,937 shares of the exchange traded fund’s stock after acquiring an additional 197 shares during the quarter. LifeGuide Financial Advisors LLC’s holdings in SPDR Gold Shares were worth $370,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in GLD. Moneta Group Investment Advisors LLC boosted its stake in shares of SPDR Gold Shares by 67,584.6% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 3,037,008 shares of the exchange traded fund’s stock valued at $515,198,000 after purchasing an additional 3,032,521 shares during the last quarter. State Street Corp boosted its stake in SPDR Gold Shares by 256.0% in the first quarter. State Street Corp now owns 1,142,717 shares of the exchange traded fund’s stock valued at $206,432,000 after acquiring an additional 821,773 shares during the last quarter. CIBC Asset Management Inc grew its stake in shares of SPDR Gold Shares by 111.3% during the second quarter. CIBC Asset Management Inc now owns 68,532 shares of the exchange traded fund’s stock worth $12,217,000 after purchasing an additional 672,400 shares during the period. Toronto Dominion Bank grew its position in shares of SPDR Gold Shares by 14.5% during the 3rd quarter. Toronto Dominion Bank now owns 4,660,292 shares of the exchange traded fund’s stock worth $799,007,000 after buying an additional 591,368 shares during the period. Finally, Virtu Financial LLC acquired a new position in SPDR Gold Shares during the first quarter valued at approximately $100,880,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 1.3 %

Shares of NYSEARCA GLD traded up $2.62 during midday trading on Friday, reaching $205.72. 9,194,473 shares of the stock were exchanged, compared to its average volume of 8,130,831. SPDR Gold Shares has a 12 month low of $168.30 and a 12 month high of $206.05. The business has a 50-day simple moving average of $193.02 and a two-hundred day simple moving average of $186.66.

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).