Fulcrum Equity Management Takes Position in SPDR Gold Shares (NYSEARCA:GLD)

Fulcrum Equity Management purchased a new stake in SPDR Gold Shares (NYSEARCA:GLD) in the third quarter, according to its most recent filing with the SEC. The fund purchased 1,680 shares of the exchange traded fund’s stock, valued at approximately $298,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Strategic Blueprint LLC increased its holdings in shares of SPDR Gold Shares by 8.9% in the 3rd quarter. Strategic Blueprint LLC now owns 7,288 shares of the exchange traded fund’s stock valued at $1,291,000 after acquiring an additional 594 shares during the last quarter. Marco Investment Management LLC grew its stake in SPDR Gold Shares by 54.2% during the 3rd quarter. Marco Investment Management LLC now owns 3,457 shares of the exchange traded fund’s stock worth $612,000 after buying an additional 1,215 shares during the last quarter. Skylands Capital LLC grew its stake in SPDR Gold Shares by 78.4% during the 3rd quarter. Skylands Capital LLC now owns 33,225 shares of the exchange traded fund’s stock worth $5,885,000 after buying an additional 14,600 shares during the last quarter. Princeton Global Asset Management LLC grew its stake in SPDR Gold Shares by 58.8% during the 3rd quarter. Princeton Global Asset Management LLC now owns 30,280 shares of the exchange traded fund’s stock worth $5,363,000 after buying an additional 11,208 shares during the last quarter. Finally, Financial Management Professionals Inc. grew its stake in SPDR Gold Shares by 19.4% during the 3rd quarter. Financial Management Professionals Inc. now owns 997 shares of the exchange traded fund’s stock worth $177,000 after buying an additional 162 shares during the last quarter.

NYSEARCA:GLD opened at $175.40 on Friday. SPDR Gold Shares has a 1 year low of $136.12 and a 1 year high of $194.45. The business has a fifty day moving average of $179.37 and a 200-day moving average of $172.46.

SPDR Gold Shares 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).

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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