SPDR Gold Shares (NYSEARCA:GLD) is Joule Financial LLC’s 7th Largest Position

Joule Financial LLC boosted its position in SPDR Gold Shares (NYSEARCA:GLD) by 3.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 42,565 shares of the exchange traded fund’s stock after buying an additional 1,481 shares during the period. SPDR Gold Shares makes up about 3.6% of Joule Financial LLC’s holdings, making the stock its 7th biggest position. Joule Financial LLC’s holdings in SPDR Gold Shares were worth $10,306,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of GLD. XTX Topco Ltd boosted its stake in shares of SPDR Gold Shares by 101.6% in the second quarter. XTX Topco Ltd now owns 2,968 shares of the exchange traded fund’s stock valued at $638,000 after buying an additional 1,496 shares in the last quarter. Brighton Jones LLC boosted its position in shares of SPDR Gold Shares by 2.1% during the 2nd quarter. Brighton Jones LLC now owns 11,252 shares of the exchange traded fund’s stock worth $2,419,000 after purchasing an additional 234 shares in the last quarter. Garden State Investment Advisory Services LLC boosted its position in shares of SPDR Gold Shares by 3.4% during the 2nd quarter. Garden State Investment Advisory Services LLC now owns 4,516 shares of the exchange traded fund’s stock worth $971,000 after purchasing an additional 149 shares in the last quarter. TPG Advisors LLC acquired a new position in shares of SPDR Gold Shares during the 2nd quarter worth $335,000. Finally, Bulltick Wealth Management LLC purchased a new position in shares of SPDR Gold Shares in the 2nd quarter valued at about $260,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

GLD stock opened at $249.27 on Friday. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $257.71. The company’s 50-day moving average price is $243.85 and its 200 day moving average price is $238.21.

SPDR Gold Shares Company 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).