Inspirion Wealth Advisors LLC Increases Stake in SPDR Gold Shares (NYSEARCA:GLD)

Inspirion Wealth Advisors LLC boosted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 0.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,180 shares of the exchange traded fund’s stock after acquiring an additional 50 shares during the period. Inspirion Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $1,502,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Harbor Investment Advisory LLC grew its position in shares of SPDR Gold Shares by 2.6% during the third quarter. Harbor Investment Advisory LLC now owns 16,994 shares of the exchange traded fund’s stock valued at $4,131,000 after purchasing an additional 428 shares in the last quarter. Mirador Capital Partners LP bought a new position in SPDR Gold Shares during the third quarter valued at approximately $1,146,000. Peoples Bank KS grew its holdings in SPDR Gold Shares by 4.6% during the 3rd quarter. Peoples Bank KS now owns 1,023 shares of the exchange traded fund’s stock valued at $249,000 after buying an additional 45 shares in the last quarter. HBW Advisory Services LLC increased its stake in SPDR Gold Shares by 22.5% in the 3rd quarter. HBW Advisory Services LLC now owns 4,085 shares of the exchange traded fund’s stock worth $993,000 after acquiring an additional 751 shares during the last quarter. Finally, Capital Market Strategies LLC raised its holdings in shares of SPDR Gold Shares by 5.5% during the 3rd quarter. Capital Market Strategies LLC now owns 1,292 shares of the exchange traded fund’s stock worth $314,000 after acquiring an additional 67 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Down 0.2 %

Shares of NYSEARCA GLD traded down $0.49 during midday trading on Friday, reaching $245.00. 5,951,628 shares of the stock traded hands, compared to its average volume of 7,064,065. The company’s 50 day moving average is $233.29 and its 200 day moving average is $221.99. SPDR Gold Shares has a one year low of $168.30 and a one year high of $247.37.

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).