Vicus Capital Raises Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

Vicus Capital increased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 31.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,464 shares of the exchange traded fund’s stock after purchasing an additional 350 shares during the period. Vicus Capital’s holdings in SPDR Gold Shares were worth $354,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the business. Ashton Thomas Securities LLC purchased a new position in SPDR Gold Shares in the third quarter valued at $28,000. PayPay Securities Corp grew its position in shares of SPDR Gold Shares by 55.3% in the fourth quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 47 shares during the period. Capital Performance Advisors LLP acquired a new stake in shares of SPDR Gold Shares in the third quarter valued at about $35,000. Pittenger & Anderson Inc. acquired a new stake in shares of SPDR Gold Shares in the third quarter valued at about $38,000. Finally, Keystone Financial Group Inc. acquired a new stake in shares of SPDR Gold Shares in the fourth quarter valued at about $39,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 1.5 %

Shares of NYSEARCA GLD opened at $266.29 on Friday. The company’s 50-day simple moving average is $250.28 and its 200-day simple moving average is $243.26. SPDR Gold Shares has a 52-week low of $184.84 and a 52-week high of $270.39.

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).