Lynx Investment Advisory Lowers Holdings in SPDR Gold Shares $GLD

Lynx Investment Advisory trimmed its stake in SPDR Gold Shares (NYSEARCA:GLD) by 2.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,659 shares of the exchange traded fund’s stock after selling 464 shares during the period. SPDR Gold Shares comprises about 3.1% of Lynx Investment Advisory’s investment portfolio, making the stock its 7th largest position. Lynx Investment Advisory’s holdings in SPDR Gold Shares were worth $4,773,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of GLD. Brighton Jones LLC grew its position in SPDR Gold Shares by 20.4% in the fourth quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock valued at $2,723,000 after acquiring an additional 1,903 shares during the period. Bison Wealth LLC grew its holdings in shares of SPDR Gold Shares by 77.8% during the fourth quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock worth $1,438,000 after purchasing an additional 2,600 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of SPDR Gold Shares by 93,830.5% during the first quarter. GAMMA Investing LLC now owns 166,257 shares of the exchange traded fund’s stock worth $47,905,000 after purchasing an additional 166,080 shares during the last quarter. Fifth Third Wealth Advisors LLC grew its holdings in shares of SPDR Gold Shares by 9.0% during the first quarter. Fifth Third Wealth Advisors LLC now owns 1,254 shares of the exchange traded fund’s stock worth $361,000 after purchasing an additional 104 shares during the last quarter. Finally, American National Bank & Trust grew its holdings in shares of SPDR Gold Shares by 189.4% during the first quarter. American National Bank & Trust now owns 191 shares of the exchange traded fund’s stock worth $55,000 after purchasing an additional 125 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Performance

Shares of GLD stock opened at $355.47 on Wednesday. The stock’s fifty day moving average is $321.77 and its 200-day moving average is $308.10. The stock has a market capitalization of $118.51 billion, a PE ratio of -32.43 and a beta of 0.15. SPDR Gold Shares has a 52 week low of $236.13 and a 52 week high of $355.57.

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).