Woodard & Co. Asset Management Group Inc. ADV Takes $16.79 Million Position in SPDR Gold Shares (NYSEARCA:GLD)

by · The Cerbat Gem

Woodard & Co. Asset Management Group Inc. ADV acquired a new stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 69,092 shares of the exchange traded fund’s stock, valued at approximately $16,794,000. SPDR Gold Shares comprises 3.8% of Woodard & Co. Asset Management Group Inc. ADV’s investment portfolio, making the stock its 8th largest holding.

A number of other large investors have also recently bought and sold shares of the business. Semmax Financial Advisors Inc. boosted its stake in shares of SPDR Gold Shares by 78.7% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 48 shares in the last quarter. Triad Wealth Partners LLC acquired a new stake in SPDR Gold Shares in the 2nd quarter worth approximately $25,000. Private Ocean LLC boosted its position in SPDR Gold Shares by 155.1% during the second quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 76 shares during the period. Chris Bulman Inc acquired a new position in SPDR Gold Shares during the second quarter valued at approximately $29,000. Finally, Sugarloaf Wealth Management LLC raised its position in shares of SPDR Gold Shares by 78.9% in the third quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 71 shares during the period. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Performance

Shares of SPDR Gold Shares stock opened at $252.76 on Friday. The firm has a fifty day simple moving average of $239.18 and a 200-day simple moving average of $225.85. SPDR Gold Shares has a 1-year low of $179.11 and a 1-year high of $253.94.

SPDR Gold Shares Company Profile

(Free Report)

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).

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