Omnia Family Wealth LLC Buys 1,431 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Omnia Family Wealth LLC grew its stake in SPDR Gold Shares (NYSEARCA:GLD) by 2.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 57,059 shares of the exchange traded fund’s stock after purchasing an additional 1,431 shares during the period. SPDR Gold Shares comprises approximately 5.6% of Omnia Family Wealth LLC’s investment portfolio, making the stock its 5th largest position. Omnia Family Wealth LLC’s holdings in SPDR Gold Shares were worth $10,908,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in GLD. UMB Bank n.a. boosted its stake in shares of SPDR Gold Shares by 23.6% in the 3rd quarter. UMB Bank n.a. now owns 3,211 shares of the exchange traded fund’s stock valued at $551,000 after purchasing an additional 613 shares in the last quarter. Linden Thomas Advisory Services LLC boosted its position in SPDR Gold Shares by 7.9% during the 3rd quarter. Linden Thomas Advisory Services LLC now owns 4,262 shares of the exchange traded fund’s stock worth $731,000 after buying an additional 313 shares during the period. One Day In July LLC boosted its position in SPDR Gold Shares by 23.6% during the 3rd quarter. One Day In July LLC now owns 1,460 shares of the exchange traded fund’s stock worth $250,000 after buying an additional 279 shares during the period. Compagnie Lombard Odier SCmA boosted its position in SPDR Gold Shares by 9.7% during the 3rd quarter. Compagnie Lombard Odier SCmA now owns 2,030 shares of the exchange traded fund’s stock worth $348,000 after buying an additional 180 shares during the period. Finally, Innova Wealth Partners boosted its position in SPDR Gold Shares by 17.8% during the 3rd quarter. Innova Wealth Partners now owns 45,358 shares of the exchange traded fund’s stock worth $7,777,000 after buying an additional 6,862 shares during the period. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Up 0.3 %

NYSEARCA:GLD traded up $0.70 during mid-day trading on Friday, hitting $216.62. 6,268,504 shares of the company’s stock were exchanged, compared to its average volume of 11,521,039. The company has a 50 day simple moving average of $204.56 and a 200-day simple moving average of $192.56. SPDR Gold Shares has a fifty-two week low of $168.30 and a fifty-two week high of $225.09.

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).