Trivium Point Advisory LLC Raises Position in SPDR Gold Shares $GLD

Trivium Point Advisory LLC increased its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 11.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 26,769 shares of the exchange traded fund’s stock after purchasing an additional 2,804 shares during the quarter. SPDR Gold Shares accounts for 0.9% of Trivium Point Advisory LLC’s investment portfolio, making the stock its 23rd biggest position. Trivium Point Advisory LLC’s holdings in SPDR Gold Shares were worth $8,160,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Principal Securities Inc. grew its holdings in SPDR Gold Shares by 0.3% in the 1st quarter. Principal Securities Inc. now owns 10,301 shares of the exchange traded fund’s stock worth $2,968,000 after acquiring an additional 33 shares during the last quarter. Mather Group LLC. grew its holdings in SPDR Gold Shares by 1.8% in the 2nd quarter. Mather Group LLC. now owns 1,946 shares of the exchange traded fund’s stock worth $593,000 after acquiring an additional 34 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its holdings in SPDR Gold Shares by 6.6% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 568 shares of the exchange traded fund’s stock worth $164,000 after acquiring an additional 35 shares during the last quarter. Pinnacle Associates Ltd. grew its holdings in SPDR Gold Shares by 0.3% in the 1st quarter. Pinnacle Associates Ltd. now owns 11,762 shares of the exchange traded fund’s stock worth $3,389,000 after acquiring an additional 35 shares during the last quarter. Finally, FourThought Financial Partners LLC grew its holdings in SPDR Gold Shares by 3.5% in the 1st quarter. FourThought Financial Partners LLC now owns 1,036 shares of the exchange traded fund’s stock worth $299,000 after acquiring an additional 35 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.6%

Shares of SPDR Gold Shares stock opened at $352.46 on Tuesday. The firm has a market cap of $117.51 billion, a PE ratio of -32.43 and a beta of 0.15. SPDR Gold Shares has a 12-month low of $236.13 and a 12-month high of $352.83. The company’s fifty day simple moving average is $320.98 and its two-hundred day simple moving average is $307.77.

SPDR Gold Shares 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).