ZWJ Investment Counsel Inc. Has $829,000 Stock Holdings in SPDR Gold Shares $GLD

ZWJ Investment Counsel Inc. lifted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 53.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,718 shares of the exchange traded fund’s stock after purchasing an additional 945 shares during the quarter. ZWJ Investment Counsel Inc.’s holdings in SPDR Gold Shares were worth $829,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of SPDR Gold Shares in the 1st quarter valued at approximately $30,000. Columbia River Financial Group LLC acquired a new position in shares of SPDR Gold Shares in the 1st quarter valued at approximately $34,000. Stone House Investment Management LLC acquired a new position in SPDR Gold Shares during the 1st quarter worth approximately $34,000. Legacy Wealth Managment LLC ID boosted its position in SPDR Gold Shares by 51.1% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 46 shares during the last quarter. Finally, HWG Holdings LP acquired a new position in SPDR Gold Shares during the 1st quarter worth approximately $53,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Up 0.8%

NYSEARCA:GLD opened at $357.64 on Friday. SPDR Gold Shares has a twelve month low of $236.13 and a twelve month high of $358.67. The business has a 50 day moving average price of $324.54 and a two-hundred day moving average price of $309.50. The company has a market cap of $126.50 billion, a P/E ratio of -32.43 and a beta of 0.15.

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).