Texas Yale Capital Corp. Has $5.90 Million Stock Position in SPDR Gold Shares $GLD

Texas Yale Capital Corp. raised its stake in SPDR Gold Shares (NYSEARCA:GLD) by 2.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,361 shares of the exchange traded fund’s stock after acquiring an additional 371 shares during the quarter. Texas Yale Capital Corp.’s holdings in SPDR Gold Shares were worth $5,902,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. MJT & Associates Financial Advisory Group Inc. bought a new stake in SPDR Gold Shares during the 1st quarter worth $30,000. Stone House Investment Management LLC acquired a new stake in shares of SPDR Gold Shares during the first quarter valued at about $34,000. Legacy Wealth Managment LLC ID grew 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 worth $39,000 after purchasing an additional 46 shares during the last quarter. First Command Advisory Services Inc. acquired a new position in shares of SPDR Gold Shares in the second quarter valued at approximately $43,000. Finally, Signature Resources Capital Management LLC raised its holdings in SPDR Gold Shares by 146.7% in the 2nd quarter. Signature Resources Capital Management LLC now owns 185 shares of the exchange traded fund’s stock valued at $56,000 after buying an additional 110 shares during the last quarter. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Price Performance

NYSEARCA:GLD opened at $366.07 on Friday. SPDR Gold Shares has a one year low of $236.13 and a one year high of $403.30. The company has a market cap of $132.48 billion, a PE ratio of -32.43 and a beta of 0.09. The firm’s 50 day simple moving average is $355.89 and its 200 day simple moving average is $324.23.

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).