Winnow Wealth LLC purchased a new stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 170 shares of the exchange traded fund’s stock, valued at approximately $52,000.
A number of other large investors have also recently bought and sold shares of GLD. MJT & Associates Financial Advisory Group Inc. acquired a new position in SPDR Gold Shares in the first quarter valued at $30,000. Stone House Investment Management LLC purchased a new position in shares of SPDR Gold Shares in the 1st quarter valued at approximately $34,000. Traub Capital Management LLC acquired a new position in shares of SPDR Gold Shares in the second quarter valued at approximately $34,000. Legacy Wealth Managment LLC ID raised its stake in shares of SPDR Gold Shares by 51.1% during the first 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 during the last quarter. Finally, First Command Advisory Services Inc. acquired a new stake in shares of SPDR Gold Shares during the second quarter worth $43,000. Institutional investors and hedge funds own 42.19% of the company’s stock.
SPDR Gold Shares Stock Up 0.1%
NYSEARCA GLD opened at $375.19 on Thursday. The stock has a market capitalization of $135.78 billion, a P/E ratio of -32.43 and a beta of 0.09. The firm has a 50-day moving average price of $364.70 and a 200 day moving average price of $328.83. SPDR Gold Shares has a 52-week low of $238.73 and a 52-week 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).
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