SPDR Gold Shares $GLD Shares Purchased by Jones Financial Companies Lllp

Jones Financial Companies Lllp grew its holdings in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 18.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 205,002 shares of the exchange traded fund’s stock after purchasing an additional 31,279 shares during the quarter. Jones Financial Companies Lllp owned approximately 0.06% of SPDR Gold Shares worth $71,094,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Chapman Financial Group LLC acquired a new stake in SPDR Gold Shares in the 2nd quarter valued at about $26,000. Steigerwald Gordon & Koch Inc. acquired a new position in shares of SPDR Gold Shares during the 3rd quarter worth approximately $31,000. Traub Capital Management LLC purchased a new stake in shares of SPDR Gold Shares in the second quarter valued at approximately $34,000. Kilter Group LLC purchased a new stake in shares of SPDR Gold Shares in the second quarter valued at approximately $34,000. Finally, First Command Advisory Services Inc. acquired a new stake in shares of SPDR Gold Shares in the second quarter valued at approximately $43,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

NYSEARCA GLD opened at $427.13 on Tuesday. The stock’s fifty day moving average is $412.97 and its two-hundred day moving average is $367.92. The firm has a market capitalization of $162.78 billion, a P/E ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a fifty-two week low of $259.52 and a fifty-two week high of $509.70.

Key SPDR Gold Shares News

Here are the key news stories impacting SPDR Gold Shares this week:

SPDR Gold Shares Company Profile

(Free Report)

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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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