CWS Financial Advisors LLC Acquires 400 Shares of SPDR Gold Shares (NYSEARCA:GLD)

CWS Financial Advisors LLC boosted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 20.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,320 shares of the exchange traded fund’s stock after purchasing an additional 400 shares during the quarter. CWS Financial Advisors LLC’s holdings in SPDR Gold Shares were worth $564,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Triad Wealth Partners LLC purchased a new stake in shares of SPDR Gold Shares in the second quarter worth about $25,000. Semmax Financial Advisors Inc. raised its holdings 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. Private Ocean LLC boosted its position in shares of SPDR Gold Shares by 155.1% during the 2nd quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 76 shares during the last quarter. Ashton Thomas Securities LLC purchased a new position in shares of SPDR Gold Shares in the third quarter valued at $28,000. Finally, Chris Bulman Inc purchased a new position in shares of SPDR Gold Shares in the second quarter valued at $29,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Up 0.2 %

GLD opened at $243.49 on Friday. The stock has a 50-day moving average of $246.46 and a 200 day moving average of $231.27. SPDR Gold Shares has a 12 month low of $183.15 and a 12 month high of $257.71.

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).