Inspirion Wealth Advisors LLC Boosts Stake in SPDR Gold Shares (NYSEARCA:GLD)

Inspirion Wealth Advisors LLC boosted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 0.8% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,180 shares of the exchange traded fund’s stock after buying an additional 50 shares during the quarter. Inspirion Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $1,502,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of GLD. Harbor Investment Advisory LLC increased its position in SPDR Gold Shares by 2.6% during the third quarter. Harbor Investment Advisory LLC now owns 16,994 shares of the exchange traded fund’s stock valued at $4,131,000 after acquiring an additional 428 shares during the last quarter. Mirador Capital Partners LP bought a new stake in shares of SPDR Gold Shares during the 3rd quarter valued at $1,146,000. Peoples Bank KS grew its position in shares of SPDR Gold Shares by 4.6% during the 3rd quarter. Peoples Bank KS now owns 1,023 shares of the exchange traded fund’s stock valued at $249,000 after acquiring an additional 45 shares during the period. HBW Advisory Services LLC grew its holdings in SPDR Gold Shares by 22.5% during the third quarter. HBW Advisory Services LLC now owns 4,085 shares of the exchange traded fund’s stock valued at $993,000 after purchasing an additional 751 shares during the period. Finally, Capital Market Strategies LLC increased its position in SPDR Gold Shares by 5.5% in the third quarter. Capital Market Strategies LLC now owns 1,292 shares of the exchange traded fund’s stock worth $314,000 after buying an additional 67 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.2 %

Shares of GLD stock traded down $0.49 during trading hours on Friday, reaching $245.00. 5,951,628 shares of the company traded hands, compared to its average volume of 7,064,065. SPDR Gold Shares has a 12-month low of $168.30 and a 12-month high of $247.37. The firm has a 50-day moving average price of $233.29 and a 200 day moving average price of $221.99.

About SPDR Gold Shares

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).