SPDR Gold Shares $GLD Holdings Raised by Forum Financial Management LP

Forum Financial Management LP grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.8% during the 2nd quarter, HoldingsChannel reports. The fund owned 1,263 shares of the exchange traded fund’s stock after acquiring an additional 46 shares during the period. Forum Financial Management LP’s holdings in SPDR Gold Shares were worth $385,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. American National Bank & Trust grew its stake in SPDR Gold Shares by 52.4% in the second quarter. American National Bank & Trust now owns 291 shares of the exchange traded fund’s stock valued at $89,000 after purchasing an additional 100 shares in the last quarter. StrongBox Wealth LLC lifted its holdings in shares of SPDR Gold Shares by 10.1% during the 2nd quarter. StrongBox Wealth LLC now owns 1,487 shares of the exchange traded fund’s stock valued at $453,000 after buying an additional 136 shares during the last quarter. TD Private Client Wealth LLC grew its stake in shares of SPDR Gold Shares by 14.6% in the 2nd quarter. TD Private Client Wealth LLC now owns 51,235 shares of the exchange traded fund’s stock valued at $15,618,000 after buying an additional 6,540 shares in the last quarter. Beaumont Financial Advisors LLC increased its holdings in SPDR Gold Shares by 6.5% in 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. Finally, ST Germain D J Co. Inc. raised its position in SPDR Gold Shares by 151.5% during the second quarter. ST Germain D J Co. Inc. now owns 1,386 shares of the exchange traded fund’s stock valued at $422,000 after acquiring an additional 835 shares in the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Down 0.3%

NYSEARCA GLD opened at $377.52 on Friday. The stock has a market capitalization of $138.78 billion, a PE ratio of -32.43 and a beta of 0.15. SPDR Gold Shares has a 12-month low of $236.13 and a 12-month high of $403.30. The company has a 50 day moving average price of $345.72 and a two-hundred day moving average price of $319.91.

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).