RDA Financial Network Acquires 88 Shares of SPDR Gold Shares (NYSEARCA:GLD)

RDA Financial Network increased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,064 shares of the exchange traded fund’s stock after purchasing an additional 88 shares during the period. RDA Financial Network’s holdings in SPDR Gold Shares were worth $1,231,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Semmax Financial Advisors Inc. lifted its stake in 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 acquiring an additional 48 shares in the last quarter. Triad Wealth Partners LLC bought a new stake in SPDR Gold Shares in the 2nd quarter valued at approximately $25,000. Northwest Investment Counselors LLC bought a new stake in SPDR Gold Shares in the 1st quarter valued at approximately $26,000. Private Ocean LLC lifted its stake in 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 acquiring an additional 76 shares in the last quarter. Finally, Chris Bulman Inc bought a new stake in SPDR Gold Shares in the 2nd quarter valued at approximately $29,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.3 %

NYSEARCA GLD traded up $0.83 during trading on Tuesday, hitting $245.90. The stock had a trading volume of 4,768,702 shares, compared to its average volume of 6,988,382. The company’s 50-day moving average price is $235.65 and its two-hundred day moving average price is $224.02. SPDR Gold Shares has a 12 month low of $177.54 and a 12 month high of $247.37.

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).