Integrated Investment Consultants LLC Grows Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)
by Amy Steele · The Cerbat GemIntegrated Investment Consultants LLC grew its position in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 1,069.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,635 shares of the exchange traded fund’s stock after buying an additional 10,640 shares during the quarter. Integrated Investment Consultants LLC’s holdings in SPDR Gold Shares were worth $2,828,000 at the end of the most recent reporting period.
A number of other hedge funds also recently added to or reduced their stakes in the business. Semmax Financial Advisors Inc. boosted its position in SPDR Gold Shares by 78.7% during 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 purchased a new stake in shares of SPDR Gold Shares during the second quarter valued at $25,000. Ashton Thomas Securities LLC acquired a new position in shares of SPDR Gold Shares in the third quarter valued at about $28,000. Private Ocean LLC increased its holdings in SPDR Gold Shares by 155.1% in the 2nd quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 76 shares during the period. Finally, Chris Bulman Inc purchased a new position in shares of SPDR Gold Shares during the second quarter worth $29,000. 42.19% of the stock is owned by hedge funds and other institutional investors.
SPDR Gold Shares Price Performance
Shares of GLD stock opened at $244.62 on Thursday. The business has a 50-day simple moving average of $245.60 and a 200-day simple moving average of $230.15. SPDR Gold Shares has a 52-week low of $183.15 and a 52-week high of $257.71.
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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