Tobias Financial Advisors Inc. Has $518,000 Stake in SPDR Gold Shares (NYSEARCA:GLD)

Tobias Financial Advisors Inc. lifted its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 20.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,133 shares of the exchange traded fund’s stock after purchasing an additional 365 shares during the period. Tobias Financial Advisors Inc.’s holdings in SPDR Gold Shares were worth $518,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in GLD. Flagship Private Wealth LLC grew its stake in shares of SPDR Gold Shares by 36.3% in the third quarter. Flagship Private Wealth LLC now owns 8,379 shares of the exchange traded fund’s stock valued at $2,037,000 after acquiring an additional 2,232 shares in the last quarter. Bailard Inc. lifted its stake in SPDR Gold Shares by 0.8% during the third quarter. Bailard Inc. now owns 325,282 shares of the exchange traded fund’s stock worth $79,063,000 after purchasing an additional 2,459 shares during the last quarter. Fractal Investments LLC acquired a new position in shares of SPDR Gold Shares during the 3rd quarter worth $608,000. Crescent Grove Advisors LLC lifted its position in shares of SPDR Gold Shares by 10.0% during the 3rd quarter. Crescent Grove Advisors LLC now owns 5,966 shares of the exchange traded fund’s stock worth $1,450,000 after buying an additional 544 shares during the last quarter. Finally, Austin Private Wealth LLC grew its position in SPDR Gold Shares by 47.1% in the third quarter. Austin Private Wealth LLC now owns 2,774 shares of the exchange traded fund’s stock valued at $674,000 after acquiring an additional 888 shares during the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

GLD stock opened at $253.36 on Wednesday. The firm has a 50-day moving average price of $243.23 and a 200-day moving average price of $228.11. SPDR Gold Shares has a 12 month low of $179.11 and a 12 month high of $257.71.

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).