Dakota Wealth Management Has $5.65 Million Position in SPDR Gold Shares (NYSEARCA:GLD)

Dakota Wealth Management grew its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 1.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 23,339 shares of the exchange traded fund’s stock after purchasing an additional 315 shares during the quarter. Dakota Wealth Management’s holdings in SPDR Gold Shares were worth $5,651,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of GLD. Semmax Financial Advisors Inc. lifted its stake 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 valued at $25,000 after acquiring an additional 48 shares during the period. Ashton Thomas Securities LLC acquired a new position in shares of SPDR Gold Shares during the third quarter valued at $28,000. Capital Performance Advisors LLP acquired a new position in shares of SPDR Gold Shares during the third quarter valued at $35,000. Pittenger & Anderson Inc. acquired a new position in shares of SPDR Gold Shares during the third quarter valued at $38,000. Finally, Sugarloaf Wealth Management LLC lifted its stake in shares of 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 valued at $39,000 after acquiring an additional 71 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.5 %

Shares of GLD opened at $254.43 on Thursday. SPDR Gold Shares has a 12-month low of $183.78 and a 12-month high of $257.71. The stock’s fifty day simple moving average is $244.25 and its 200-day simple moving average is $238.96.

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).