Atomi Financial Group Inc. Boosts Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Atomi Financial Group Inc. increased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 10.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,803 shares of the exchange traded fund’s stock after buying an additional 646 shares during the period. Atomi Financial Group Inc.’s holdings in SPDR Gold Shares were worth $1,647,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Semmax Financial Advisors Inc. increased its stake in shares of 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. Ashton Thomas Securities LLC purchased a new stake in shares of SPDR Gold Shares in the 3rd quarter valued at approximately $28,000. Capital Performance Advisors LLP acquired a new stake in shares of SPDR Gold Shares in the 3rd quarter valued at $35,000. Pittenger & Anderson Inc. purchased a new stake in shares of SPDR Gold Shares during the 3rd quarter worth $38,000. Finally, Sugarloaf Wealth Management LLC grew its stake in shares of SPDR Gold Shares by 78.9% during the third quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 71 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $253.13 on Wednesday. The stock’s fifty day moving average is $243.99 and its two-hundred day moving average is $238.73. SPDR Gold Shares has a 1-year low of $183.78 and a 1-year high of $257.71.

SPDR Gold Shares Company 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).