SPDR Gold Shares (NYSEARCA:GLD) Stock Holdings Increased by JTC Employer Solutions Trustee Ltd

JTC Employer Solutions Trustee Ltd increased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1,565.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 115,106 shares of the exchange traded fund’s stock after buying an additional 108,194 shares during the quarter. SPDR Gold Shares comprises approximately 1.8% of JTC Employer Solutions Trustee Ltd’s portfolio, making the stock its 6th biggest holding. JTC Employer Solutions Trustee Ltd’s holdings in SPDR Gold Shares were worth $27,979,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Semmax Financial Advisors Inc. raised its holdings in shares of SPDR Gold Shares by 78.7% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 48 shares during the period. Triad Wealth Partners LLC purchased a new stake in shares of SPDR Gold Shares during the 2nd quarter valued at about $25,000. Northwest Investment Counselors LLC purchased a new stake in shares of SPDR Gold Shares during the 1st quarter valued at about $26,000. Private Ocean LLC increased its holdings in 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 purchasing an additional 76 shares during the last quarter. Finally, Chris Bulman Inc purchased a new stake in SPDR Gold Shares during the 2nd quarter worth approximately $29,000. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

GLD stock opened at $251.26 on Friday. SPDR Gold Shares has a 52-week low of $179.11 and a 52-week high of $251.37. The stock’s 50 day moving average is $237.71 and its two-hundred day moving average is $224.94.

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).