Miracle Mile Advisors LLC Boosts Position in SPDR Gold Shares (GLD)

Miracle Mile Advisors LLC increased its position in SPDR Gold Shares (NYSEARCA:GLD) by 99.2% in the first quarter, HoldingsChannel reports. The firm owned 4,820 shares of the exchange traded fund’s stock after purchasing an additional 2,400 shares during the quarter. Miracle Mile Advisors LLC’s holdings in SPDR Gold Shares were worth $588,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Global Retirement Partners LLC lifted its holdings in SPDR Gold Shares by 4.9% in the first quarter. Global Retirement Partners LLC now owns 3,759 shares of the exchange traded fund’s stock worth $459,000 after acquiring an additional 175 shares during the last quarter. Independent Advisor Alliance lifted its holdings in SPDR Gold Shares by 181.0% in the first quarter. Independent Advisor Alliance now owns 17,892 shares of the exchange traded fund’s stock worth $2,183,000 after acquiring an additional 11,525 shares during the last quarter. Grandview Asset Management LLC lifted its holdings in SPDR Gold Shares by 1.9% in the first quarter. Grandview Asset Management LLC now owns 5,058 shares of the exchange traded fund’s stock worth $617,000 after acquiring an additional 94 shares during the last quarter. Stratos Wealth Advisors LLC lifted its holdings in SPDR Gold Shares by 31.7% in the first quarter. Stratos Wealth Advisors LLC now owns 2,804 shares of the exchange traded fund’s stock worth $342,000 after acquiring an additional 675 shares during the last quarter. Finally, Waratah Capital Advisors Ltd. lifted its holdings in SPDR Gold Shares by 88.7% in the first quarter. Waratah Capital Advisors Ltd. now owns 27,520 shares of the exchange traded fund’s stock worth $3,358,000 after acquiring an additional 12,933 shares during the last quarter.

Shares of NYSEARCA GLD opened at $120.65 on Friday. SPDR Gold Shares has a 52-week low of $111.06 and a 52-week high of $127.21.

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SPDR Gold Shares Profile

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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Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLD).

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

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