SPDR Gold Shares $GLD Shares Sold by Compton Financial Group LLC

Compton Financial Group LLC cut its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 59.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,152 shares of the exchange traded fund’s stock after selling 1,694 shares during the quarter. Compton Financial Group LLC’s holdings in SPDR Gold Shares were worth $351,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. 59 North Capital Management LP increased its stake in shares of SPDR Gold Shares by 76.4% during the 1st quarter. 59 North Capital Management LP now owns 1,263,196 shares of the exchange traded fund’s stock valued at $363,977,000 after acquiring an additional 547,018 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd raised its stake in SPDR Gold Shares by 604.5% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 548,947 shares of the exchange traded fund’s stock worth $158,174,000 after purchasing an additional 471,032 shares during the period. Kingstone Capital Partners Texas LLC acquired a new position in shares of SPDR Gold Shares in the 2nd quarter valued at $120,429,000. TD Asset Management Inc grew its stake in shares of SPDR Gold Shares by 108.4% during the 2nd quarter. TD Asset Management Inc now owns 685,151 shares of the exchange traded fund’s stock valued at $208,855,000 after buying an additional 356,401 shares during the period. Finally, Raymond James Financial Inc. increased its holdings in shares of SPDR Gold Shares by 11.0% during the 1st quarter. Raymond James Financial Inc. now owns 2,063,634 shares of the exchange traded fund’s stock worth $594,616,000 after buying an additional 204,676 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 0.5%

Shares of GLD opened at $368.12 on Monday. SPDR Gold Shares has a twelve month low of $236.13 and a twelve month high of $403.30. The firm has a market capitalization of $133.22 billion, a P/E ratio of -32.43 and a beta of 0.09. The stock’s fifty day simple moving average is $351.61 and its 200 day simple moving average is $322.80.

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).