Creekside Partners Acquires 168 Shares of SPDR Gold Shares $GLD

Creekside Partners boosted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 2.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,343 shares of the exchange traded fund’s stock after acquiring an additional 168 shares during the quarter. SPDR Gold Shares accounts for about 1.2% of Creekside Partners’ investment portfolio, making the stock its 24th biggest position. Creekside Partners’ holdings in SPDR Gold Shares were worth $2,543,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in GLD. Cornerstone Wealth Management LLC grew its stake in SPDR Gold Shares by 4.0% during the first quarter. Cornerstone Wealth Management LLC now owns 10,110 shares of the exchange traded fund’s stock worth $2,913,000 after buying an additional 388 shares during the last quarter. American National Bank & Trust grew its stake in SPDR Gold Shares by 52.4% during the second quarter. American National Bank & Trust now owns 291 shares of the exchange traded fund’s stock worth $89,000 after buying an additional 100 shares during the last quarter. StrongBox Wealth LLC grew its stake in SPDR Gold Shares by 10.1% during the second quarter. StrongBox Wealth LLC now owns 1,487 shares of the exchange traded fund’s stock worth $453,000 after buying an additional 136 shares during the last quarter. TD Private Client Wealth LLC grew its stake in SPDR Gold Shares by 14.6% during the second quarter. TD Private Client Wealth LLC now owns 51,235 shares of the exchange traded fund’s stock worth $15,618,000 after buying an additional 6,540 shares during the last quarter. Finally, Beaumont Financial Advisors LLC grew its stake in SPDR Gold Shares by 6.5% during the second quarter. Beaumont Financial Advisors LLC now owns 3,509 shares of the exchange traded fund’s stock worth $1,070,000 after buying an additional 215 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 1.7%

Shares of SPDR Gold Shares stock opened at $387.39 on Thursday. The stock has a market capitalization of $137.64 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15. SPDR Gold Shares has a 1-year low of $236.13 and a 1-year high of $387.76. The firm’s 50-day moving average price is $335.07 and its two-hundred day moving average price is $314.63.

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).