Diversify Wealth Management LLC Has $688,000 Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Diversify Wealth Management LLC grew its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 10.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,770 shares of the exchange traded fund’s stock after purchasing an additional 252 shares during the quarter. Diversify Wealth Management LLC’s holdings in SPDR Gold Shares were worth $688,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Semmax Financial Advisors Inc. grew its position 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 buying an additional 48 shares during the period. Ashton Thomas Securities LLC acquired a new position in SPDR Gold Shares during the third quarter valued at approximately $28,000. Capital Performance Advisors LLP bought a new stake in SPDR Gold Shares in the third quarter valued at approximately $35,000. Pittenger & Anderson Inc. acquired a new stake in SPDR Gold Shares in the third quarter worth $38,000. Finally, Sugarloaf Wealth Management LLC boosted its position 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 owned by institutional investors.

SPDR Gold Shares Stock Performance

GLD opened at $253.13 on Wednesday. The company has a fifty day simple moving average of $243.99 and a 200 day simple moving average of $238.73. SPDR Gold Shares has a 12 month low of $183.78 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).