SPDR Gold Shares (NYSEARCA:GLD) Shares Purchased by Callan Family Office LLC

Callan Family Office LLC boosted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 11.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,976 shares of the exchange traded fund’s stock after acquiring an additional 2,085 shares during the quarter. SPDR Gold Shares comprises 0.9% of Callan Family Office LLC’s investment portfolio, making the stock its 27th biggest holding. Callan Family Office LLC’s holdings in SPDR Gold Shares were worth $5,098,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Triad Wealth Partners LLC acquired a new stake in SPDR Gold Shares during the 2nd quarter worth approximately $25,000. Semmax Financial Advisors Inc. lifted its holdings in shares of SPDR Gold Shares by 78.7% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 48 shares during the period. Northwest Investment Counselors LLC acquired a new stake in shares of SPDR Gold Shares in the 1st quarter valued at approximately $26,000. Private Ocean LLC lifted 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 valued at $27,000 after buying an additional 76 shares during the period. Finally, Security National Bank acquired a new stake in shares of SPDR Gold Shares in the 1st quarter valued at approximately $28,000. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

GLD opened at $244.18 on Tuesday. The business has a 50 day simple moving average of $233.29 and a 200-day simple moving average of $222.28. SPDR Gold Shares has a 12 month low of $171.07 and a 12 month high of $247.37.

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).