SPDR Gold Shares $GLD Shares Sold by Rosenberg Matthew Hamilton

Rosenberg Matthew Hamilton lessened its stake in SPDR Gold Shares (NYSEARCA:GLD) by 14.7% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,763 shares of the exchange traded fund’s stock after selling 477 shares during the quarter. Rosenberg Matthew Hamilton’s holdings in SPDR Gold Shares were worth $842,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Principal Securities Inc. lifted its holdings in shares of SPDR Gold Shares by 0.3% in the 1st quarter. Principal Securities Inc. now owns 10,301 shares of the exchange traded fund’s stock valued at $2,968,000 after buying an additional 33 shares during the period. TPG Advisors LLC lifted its holdings in shares of SPDR Gold Shares by 2.6% in the 2nd quarter. TPG Advisors LLC now owns 1,291 shares of the exchange traded fund’s stock valued at $394,000 after buying an additional 33 shares during the period. Mather Group LLC. lifted its holdings in shares of SPDR Gold Shares by 1.8% in the 2nd quarter. Mather Group LLC. now owns 1,946 shares of the exchange traded fund’s stock valued at $593,000 after buying an additional 34 shares during the period. Pinnacle Associates Ltd. increased its stake in shares of SPDR Gold Shares by 0.3% in the 1st quarter. Pinnacle Associates Ltd. now owns 11,762 shares of the exchange traded fund’s stock valued at $3,389,000 after purchasing an additional 35 shares in the last quarter. Finally, FourThought Financial Partners LLC increased its stake in shares of SPDR Gold Shares by 3.5% in the 1st quarter. FourThought Financial Partners LLC now owns 1,036 shares of the exchange traded fund’s stock valued at $299,000 after purchasing an additional 35 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.7%

Shares of SPDR Gold Shares stock opened at $380.79 on Wednesday. SPDR Gold Shares has a twelve month low of $236.13 and a twelve month high of $382.38. The business has a 50-day moving average price of $333.54 and a 200 day moving average price of $314.13. The firm has a market cap of $134.95 billion, a PE ratio of -32.43 and a beta of 0.15.

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).