Financial Counselors Inc. Buys 350 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Financial Counselors Inc. grew its position in SPDR Gold Shares (NYSEARCA:GLD) by 2.0% during the third quarter, HoldingsChannel reports. The firm owned 18,155 shares of the exchange traded fund’s stock after buying an additional 350 shares during the quarter. Financial Counselors Inc.’s holdings in SPDR Gold Shares were worth $4,413,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Triad Wealth Partners LLC acquired a new position in SPDR Gold Shares during the 2nd quarter worth $25,000. Semmax Financial Advisors Inc. lifted its position 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 worth $25,000 after purchasing an additional 48 shares during the last quarter. Private Ocean LLC boosted its stake 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 valued at $27,000 after purchasing an additional 76 shares during the period. Ashton Thomas Securities LLC acquired a new stake in SPDR Gold Shares in the 3rd quarter valued at approximately $28,000. Finally, Chris Bulman Inc bought a new position in SPDR Gold Shares in the 2nd quarter worth approximately $29,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Up 0.2 %

Shares of GLD stock opened at $243.49 on Friday. SPDR Gold Shares has a 12 month low of $183.15 and a 12 month high of $257.71. The stock has a 50 day moving average of $246.46 and a 200-day moving average of $231.27.

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).