Madden Advisory Services Inc. Has $472,000 Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Madden Advisory Services Inc. decreased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,940 shares of the exchange traded fund’s stock after selling 63 shares during the period. Madden Advisory Services Inc.’s holdings in SPDR Gold Shares were worth $472,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Semmax Financial Advisors Inc. lifted its position 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 purchasing an additional 48 shares in the last quarter. Triad Wealth Partners LLC bought a new position in SPDR Gold Shares in the 2nd quarter worth approximately $25,000. Private Ocean LLC lifted its holdings in SPDR Gold Shares by 155.1% during the 2nd quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 76 shares in the last quarter. Chris Bulman Inc bought a new position in SPDR Gold Shares in the 2nd quarter valued at $29,000. Finally, Sugarloaf Wealth Management LLC boosted its position in SPDR Gold Shares by 78.9% in the 3rd quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 71 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

GLD stock opened at $252.83 on Tuesday. SPDR Gold Shares has a twelve month low of $179.11 and a twelve month high of $257.71. The business has a fifty day moving average of $242.83 and a 200-day moving average of $227.89.

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).