Centric Wealth Management Boosts Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Centric Wealth Management boosted its position in SPDR Gold Shares (NYSEARCA:GLD) by 1.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,652 shares of the exchange traded fund’s stock after purchasing an additional 115 shares during the period. Centric Wealth Management’s holdings in SPDR Gold Shares were worth $2,617,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Semmax Financial Advisors Inc. grew its position in SPDR Gold Shares by 78.7% during the second quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 48 shares during the period. Triad Wealth Partners LLC purchased a new stake in shares of SPDR Gold Shares during the 2nd quarter worth approximately $25,000. Ashton Thomas Securities LLC purchased a new stake in shares of SPDR Gold Shares during the 3rd quarter worth approximately $28,000. Private Ocean LLC grew its holdings in shares of SPDR Gold Shares by 155.1% in the 2nd quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 76 shares during the period. Finally, Chris Bulman Inc purchased a new position in SPDR Gold Shares in the 2nd quarter valued at approximately $29,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.2 %

GLD opened at $243.49 on Friday. SPDR Gold Shares has a one year low of $183.15 and a one year high of $257.71. The business’s fifty day moving average is $246.46 and its two-hundred day moving average is $231.27.

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).