SPDR Gold Shares $GLD Shares Purchased by Personal CFO Solutions LLC

Personal CFO Solutions LLC grew its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 5.9% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,876 shares of the exchange traded fund’s stock after purchasing an additional 718 shares during the period. SPDR Gold Shares makes up about 0.7% of Personal CFO Solutions LLC’s holdings, making the stock its 22nd largest holding. Personal CFO Solutions LLC’s holdings in SPDR Gold Shares were worth $3,925,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the company. MJT & Associates Financial Advisory Group Inc. acquired a new position in SPDR Gold Shares during the 1st quarter worth about $30,000. Traub Capital Management LLC acquired a new position in SPDR Gold Shares in the 2nd quarter valued at about $34,000. Stone House Investment Management LLC purchased a new stake in SPDR Gold Shares during the first quarter worth about $34,000. Legacy Wealth Managment LLC ID lifted its position 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 in the last quarter. Finally, First Command Advisory Services Inc. purchased a new position in shares of SPDR Gold Shares in the second quarter valued at approximately $43,000. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

Shares of GLD stock opened at $374.85 on Friday. SPDR Gold Shares has a fifty-two week low of $238.73 and a fifty-two week high of $403.30. The company has a 50 day moving average price of $365.50 and a 200 day moving average price of $329.15. The stock has a market capitalization of $135.66 billion, a P/E ratio of -32.43 and a beta of 0.09.

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).