Quattro Financial Advisors LLC Has $2.04 Million Stake in SPDR Gold Shares (NYSEARCA:GLD)

Quattro Financial Advisors LLC increased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 5,091.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,915 shares of the exchange traded fund’s stock after buying an additional 9,724 shares during the quarter. Quattro Financial Advisors LLC’s holdings in SPDR Gold Shares were worth $2,040,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. First Personal Financial Services acquired a new stake in shares of SPDR Gold Shares in the 4th quarter valued at $25,000. Frazier Financial Advisors LLC acquired a new stake in shares of SPDR Gold Shares in the 4th quarter valued at $26,000. Northwest Investment Counselors LLC acquired a new stake in shares of SPDR Gold Shares in the 1st quarter valued at $26,000. Gold Investment Management Ltd. acquired a new stake in shares of SPDR Gold Shares in the 4th quarter valued at $27,000. Finally, Security National Bank acquired a new stake in shares of SPDR Gold Shares in the 1st quarter valued at $28,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.0 %

Shares of GLD traded down $0.02 during trading hours on Tuesday, reaching $215.55. The stock had a trading volume of 4,920,801 shares, compared to its average volume of 7,297,301. SPDR Gold Shares has a 12 month low of $168.30 and a 12 month high of $225.66. The company’s 50-day moving average is $216.20 and its two-hundred day moving average is $203.12.

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).