SPDR Gold Shares (GLD) is Jackson Financial Management’s 5th Largest Position

Jackson Financial Management raised its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 48.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 78,875 shares of the exchange traded fund’s stock after buying an additional 25,599 shares during the period. SPDR Gold Shares accounts for about 6.4% of Jackson Financial Management’s portfolio, making the stock its 5th largest holding. Jackson Financial Management’s holdings in SPDR Gold Shares were worth $9,624,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Live Your Vision LLC increased its stake in shares of SPDR Gold Shares by 263.5% during the 1st quarter. Live Your Vision LLC now owns 229 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 166 shares during the last quarter. First Personal Financial Services acquired a new position in shares of SPDR Gold Shares during the 4th quarter worth about $29,000. ERTS Wealth Advisors LLC acquired a new position in shares of SPDR Gold Shares during the 4th quarter worth about $30,000. Nalls Sherbakoff Group LLC acquired a new position in shares of SPDR Gold Shares during the 4th quarter worth about $35,000. Finally, Howe & Rusling Inc. increased its stake in shares of SPDR Gold Shares by 81.8% during the 1st quarter. Howe & Rusling Inc. now owns 289 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 130 shares during the last quarter.

Shares of GLD stock opened at $122.46 on Wednesday. SPDR Gold Shares has a 52 week low of $111.06 and a 52 week high of $127.21.

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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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