Omnia Family Wealth LLC Has $15.97 Million Stake in SPDR Gold Shares (NYSEARCA:GLD)

Omnia Family Wealth LLC increased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 0.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 65,710 shares of the exchange traded fund’s stock after acquiring an additional 542 shares during the quarter. SPDR Gold Shares comprises about 6.8% of Omnia Family Wealth LLC’s investment portfolio, making the stock its 2nd largest holding. Omnia Family Wealth LLC’s holdings in SPDR Gold Shares were worth $15,971,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Semmax Financial Advisors Inc. raised its stake 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 valued at $25,000 after purchasing an additional 48 shares in the last quarter. Triad Wealth Partners LLC acquired a new position in shares of SPDR Gold Shares in the 2nd quarter valued at approximately $25,000. Ashton Thomas Securities LLC acquired a new position in shares of SPDR Gold Shares in the 3rd quarter valued at approximately $28,000. Private Ocean LLC lifted its holdings in shares of SPDR Gold Shares by 155.1% during the 2nd quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 76 shares during the period. Finally, Chris Bulman Inc bought a new position in SPDR Gold Shares in the second quarter valued at approximately $29,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.1 %

GLD traded down $0.32 during trading on Thursday, hitting $237.31. 4,100,533 shares of the stock traded hands, compared to its average volume of 7,033,234. The business has a 50 day moving average price of $244.74 and a 200 day moving average price of $229.21. SPDR Gold Shares has a twelve month low of $181.31 and a twelve 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).