SJS Investment Consulting Inc. Increases Holdings in SPDR Gold Shares (NYSEARCA:GLD)

SJS Investment Consulting Inc. lifted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 7.2% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 954 shares of the exchange traded fund’s stock after buying an additional 64 shares during the quarter. SJS Investment Consulting Inc.’s holdings in SPDR Gold Shares were worth $231,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Ashton Thomas Securities LLC bought a new stake in SPDR Gold Shares in the third quarter worth $28,000. Capital Performance Advisors LLP purchased a new stake in SPDR Gold Shares in the 3rd quarter valued at about $35,000. Pittenger & Anderson Inc. bought a new position in SPDR Gold Shares in the third quarter worth approximately $38,000. Sugarloaf Wealth Management LLC grew its position in shares of SPDR Gold Shares by 78.9% during the 3rd quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 71 shares in the last quarter. Finally, Maryland Capital Advisors Inc. bought a new position in SPDR Gold Shares during the 3rd quarter worth about $40,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.6 %

Shares of NYSEARCA:GLD opened at $255.65 on Friday. The business’s fifty day simple moving average is $245.31 and its 200-day simple moving average is $239.43. SPDR Gold Shares has a 12-month low of $183.78 and a 12-month high of $257.71.

About SPDR Gold Shares

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).