SPDR Gold Shares (NYSEARCA:GLD) Stock Position Raised by JTC Employer Solutions Trustee Ltd

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

A number of other institutional investors have also made changes to their positions in GLD. Triad Wealth Partners LLC bought a new stake in shares of SPDR Gold Shares in the 2nd quarter valued at approximately $25,000. Semmax Financial Advisors Inc. increased its holdings in shares of SPDR Gold Shares by 78.7% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 48 shares during the last quarter. Northwest Investment Counselors LLC bought a new stake in shares of SPDR Gold Shares in the 1st quarter valued at approximately $26,000. Private Ocean LLC increased its holdings in shares of SPDR Gold Shares by 155.1% in the 2nd quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 76 shares during the last quarter. Finally, Security National Bank acquired a new position in SPDR Gold Shares during the 1st quarter valued at approximately $28,000. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Performance

NYSEARCA:GLD opened at $251.26 on Friday. SPDR Gold Shares has a 12-month low of $179.11 and a 12-month high of $251.37. The business has a 50 day simple moving average of $237.71 and a 200 day simple moving average of $224.94.

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).