Tuttle Tactical Management Takes Position in SPDR Gold Shares (NYSEARCA:GLD)

Tuttle Tactical Management bought a new stake in SPDR Gold Shares (NYSEARCA:GLD) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 2,218 shares of the exchange traded fund’s stock, valued at approximately $319,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in GLD. Alpha Cubed Investments LLC raised its position in SPDR Gold Shares by 60.2% during the 3rd quarter. Alpha Cubed Investments LLC now owns 2,505 shares of the exchange traded fund’s stock valued at $348,000 after purchasing an additional 941 shares during the last quarter. Brookstone Capital Management raised its position in SPDR Gold Shares by 24.8% during the 3rd quarter. Brookstone Capital Management now owns 110,542 shares of the exchange traded fund’s stock valued at $15,351,000 after purchasing an additional 21,983 shares during the last quarter. Coastal Investment Advisors Inc. raised its position in SPDR Gold Shares by 12.0% during the 3rd quarter. Coastal Investment Advisors Inc. now owns 6,614 shares of the exchange traded fund’s stock valued at $921,000 after purchasing an additional 707 shares during the last quarter. Lake Street Financial LLC bought a new position in SPDR Gold Shares during the 3rd quarter valued at approximately $2,840,000. Finally, Park Avenue Securities LLC raised its position in SPDR Gold Shares by 84.6% during the 3rd quarter. Park Avenue Securities LLC now owns 4,127 shares of the exchange traded fund’s stock valued at $573,000 after purchasing an additional 1,891 shares during the last quarter.

GLD opened at $139.79 on Tuesday. The business has a 50 day simple moving average of $141.60 and a two-hundred day simple moving average of $132.45. SPDR Gold Shares has a one year low of $113.42 and a one year high of $146.82.

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).

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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