Burns J W & Co. Inc. NY Purchases 59 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Burns J W & Co. Inc. NY raised its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 1.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,105 shares of the exchange traded fund’s stock after buying an additional 59 shares during the quarter. Burns J W & Co. Inc. NY’s holdings in SPDR Gold Shares were worth $752,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. RDA Financial Network raised its position in SPDR Gold Shares by 1.8% in the third quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock worth $1,231,000 after purchasing an additional 88 shares in the last quarter. Advance Capital Management Inc. raised its holdings in shares of SPDR Gold Shares by 9.4% in the 4th quarter. Advance Capital Management Inc. now owns 3,683 shares of the exchange traded fund’s stock worth $892,000 after buying an additional 316 shares in the last quarter. Centaurus Financial Inc. lifted its position in shares of SPDR Gold Shares by 10.1% during the 2nd quarter. Centaurus Financial Inc. now owns 39,597 shares of the exchange traded fund’s stock worth $8,514,000 after buying an additional 3,630 shares during the period. Inspirion Wealth Advisors LLC boosted its stake in SPDR Gold Shares by 0.8% in the 3rd quarter. Inspirion Wealth Advisors LLC now owns 6,180 shares of the exchange traded fund’s stock valued at $1,502,000 after buying an additional 50 shares in the last quarter. Finally, GSA Capital Partners LLP acquired a new position in SPDR Gold Shares during the third quarter worth $564,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 1.0 %

Shares of NYSEARCA:GLD traded down $2.47 on Monday, hitting $245.74. The stock had a trading volume of 8,428,216 shares, compared to its average volume of 6,723,651. The firm’s 50 day moving average price is $244.01 and its 200-day moving average price is $237.37. SPDR Gold Shares has a twelve month low of $183.78 and a twelve month high of $257.71.

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).