Teacher Retirement System of Texas Purchases 86,407 Shares of SPDR Gold Shares $GLD

Teacher Retirement System of Texas boosted its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 79.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 195,300 shares of the exchange traded fund’s stock after buying an additional 86,407 shares during the quarter. Teacher Retirement System of Texas owned approximately 0.06% of SPDR Gold Shares worth $59,533,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. MJT & Associates Financial Advisory Group Inc. bought a new position in SPDR Gold Shares in the 1st quarter worth $30,000. Stone House Investment Management LLC bought a new position in SPDR Gold Shares in the 1st quarter worth $34,000. Columbia River Financial Group LLC bought a new position in SPDR Gold Shares in the 1st quarter worth $34,000. Legacy Wealth Managment LLC ID raised its holdings in SPDR Gold Shares by 51.1% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 46 shares in the last quarter. Finally, First Command Advisory Services Inc. bought a new position in SPDR Gold Shares in the 2nd quarter worth $43,000. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Price Performance

NYSEARCA:GLD opened at $377.52 on Monday. The firm’s 50-day moving average price is $345.72 and its 200-day moving average price is $320.15. The company 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 1-year low of $236.13 and a 1-year high of $403.30.

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).