AdvisorNet Financial Inc Buys 11,954 Shares of SPDR Gold Shares (NYSEARCA:GLD)

AdvisorNet Financial Inc grew its position in SPDR Gold Shares (NYSEARCA:GLD) by 31.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 49,592 shares of the exchange traded fund’s stock after purchasing an additional 11,954 shares during the period. SPDR Gold Shares comprises approximately 1.0% of AdvisorNet Financial Inc’s holdings, making the stock its 23rd biggest holding. AdvisorNet Financial Inc’s holdings in SPDR Gold Shares were worth $12,008,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in GLD. 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 acquired a new stake in shares of SPDR Gold Shares in the third quarter valued at $28,000. Capital Performance Advisors LLP bought a new position in shares of SPDR Gold Shares in the third quarter valued at about $35,000. Pittenger & Anderson Inc. acquired a new position 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 worth $39,000 after acquiring an additional 71 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 1.0 %

Shares of NYSEARCA GLD opened at $245.74 on Tuesday. SPDR Gold Shares has a 1-year low of $183.78 and a 1-year high of $257.71. The company has a 50-day moving average of $243.87 and a two-hundred day moving average of $237.59.

SPDR Gold Shares 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).