Integrated Investment Consultants LLC Increases Position in SPDR Gold Shares (NYSEARCA:GLD)

Integrated Investment Consultants LLC raised its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1,069.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 11,635 shares of the exchange traded fund’s stock after acquiring an additional 10,640 shares during the quarter. Integrated Investment Consultants LLC’s holdings in SPDR Gold Shares were worth $2,828,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of GLD. Triad Wealth Partners LLC acquired a new stake in shares of SPDR Gold Shares in the second quarter valued at about $25,000. Semmax Financial Advisors Inc. raised its holdings in 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. Private Ocean LLC lifted its stake in SPDR Gold Shares by 155.1% in 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 in the last quarter. Ashton Thomas Securities LLC purchased a new stake in SPDR Gold Shares in the 3rd quarter valued at $28,000. Finally, Chris Bulman Inc acquired a new stake in shares of SPDR Gold Shares in the 2nd quarter worth $29,000. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Up 0.6 %

NYSEARCA GLD opened at $244.62 on Thursday. SPDR Gold Shares has a 52 week low of $183.15 and a 52 week high of $257.71. The business’s fifty day simple moving average is $245.60 and its 200-day simple moving average is $230.15.

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).