Pure Financial Advisors LLC Has $1.50 Million Stake in SPDR Gold Shares (NYSEARCA:GLD)

Pure Financial Advisors LLC raised its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 6.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 6,189 shares of the exchange traded fund’s stock after purchasing an additional 396 shares during the quarter. Pure Financial Advisors LLC’s holdings in SPDR Gold Shares were worth $1,499,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in GLD. Semmax Financial Advisors Inc. lifted its position in SPDR Gold Shares by 78.7% in 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 during the period. Ashton Thomas Securities LLC bought a new position in shares of SPDR Gold Shares during the 3rd quarter worth about $28,000. Capital Performance Advisors LLP acquired a new stake in shares of SPDR Gold Shares during the 3rd quarter valued at about $35,000. Pittenger & Anderson Inc. bought a new stake in SPDR Gold Shares in the third quarter valued at about $38,000. Finally, Sugarloaf Wealth Management LLC lifted its stake in 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 during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.5 %

NYSEARCA GLD opened at $249.27 on Tuesday. SPDR Gold Shares has a 1-year low of $183.78 and a 1-year high of $257.71. The stock’s 50 day moving average is $243.85 and its two-hundred day moving average is $238.51.

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).