Aspiriant LLC trimmed its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 34.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,649 shares of the exchange traded fund’s stock after selling 1,377 shares during the period. Aspiriant LLC’s holdings in SPDR Gold Shares were worth $807,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of SPDR Gold Shares in the 1st quarter valued at $30,000. Columbia River Financial Group LLC purchased a new position in shares of SPDR Gold Shares in the first quarter worth approximately $34,000. Stone House Investment Management LLC acquired a new stake in shares of SPDR Gold Shares during the first quarter valued at approximately $34,000. Legacy Wealth Managment LLC ID raised its holdings 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 valued at $39,000 after acquiring an additional 46 shares during the period. Finally, HWG Holdings LP purchased a new stake in shares of SPDR Gold Shares in the 1st quarter valued at approximately $53,000. Institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Stock Performance
NYSEARCA GLD opened at $388.99 on Friday. The firm’s 50 day moving average price is $338.26 and its two-hundred day moving average price is $316.27. SPDR Gold Shares has a twelve month low of $236.13 and a twelve month high of $397.28. The stock has a market cap of $138.95 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15.
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).
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