SPDR Gold Shares $GLD Shares Sold by ZEGA Investments LLC

ZEGA Investments LLC cut its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 5.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,025 shares of the exchange traded fund’s stock after selling 374 shares during the period. ZEGA Investments LLC’s holdings in SPDR Gold Shares were worth $1,837,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. MJT & Associates Financial Advisory Group Inc. acquired a new stake in SPDR Gold Shares during the 1st quarter worth $30,000. Stone House Investment Management LLC purchased a new stake in shares of SPDR Gold Shares in the first quarter valued at about $34,000. Legacy Wealth Managment LLC ID raised its holdings in shares of SPDR Gold Shares by 51.1% in the first quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 46 shares during the last quarter. First Command Advisory Services Inc. acquired a new stake in shares of SPDR Gold Shares during the second quarter worth about $43,000. Finally, Decker Retirement Planning Inc. grew its holdings in shares of SPDR Gold Shares by 358.8% during the second quarter. Decker Retirement Planning Inc. now owns 156 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 122 shares during the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Up 0.6%

Shares of GLD stock opened at $368.31 on Friday. The stock’s 50-day moving average price is $356.89 and its 200 day moving average price is $324.59. The stock has a market capitalization of $133.29 billion, a PE ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 52-week low of $236.13 and a 52-week high of $403.30.

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).