Wolff Wiese Magana LLC Buys 331 Shares of SPDR Gold Shares $GLD

Wolff Wiese Magana LLC boosted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 47.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,026 shares of the exchange traded fund’s stock after purchasing an additional 331 shares during the quarter. Wolff Wiese Magana LLC’s holdings in SPDR Gold Shares were worth $313,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. MJT & Associates Financial Advisory Group Inc. bought a new stake in SPDR Gold Shares during the first quarter valued at about $30,000. Stone House Investment Management LLC bought a new stake in SPDR Gold Shares during the first quarter valued at about $34,000. Columbia River Financial Group LLC bought a new stake in SPDR Gold Shares during the first quarter valued at about $34,000. Legacy Wealth Managment LLC ID boosted its position in SPDR Gold Shares by 51.1% during the first quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 46 shares in the last quarter. Finally, HWG Holdings LP bought a new stake in SPDR Gold Shares during the first quarter valued at about $53,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of GLD stock opened at $346.74 on Monday. SPDR Gold Shares has a 1-year low of $236.13 and a 1-year high of $348.75. The stock’s 50-day moving average is $320.20 and its 200 day moving average is $307.23. The company has a market cap of $115.60 billion, a P/E ratio of -32.43 and a beta of 0.15.

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).