Sulzberger Capital Advisors Inc. Buys Shares of 1,422 SPDR Gold Shares $GLD

Sulzberger Capital Advisors Inc. bought a new stake in shares of SPDR Gold Shares (NYSEARCA:GLD) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 1,422 shares of the exchange traded fund’s stock, valued at approximately $433,000. SPDR Gold Shares makes up 0.5% of Sulzberger Capital Advisors Inc.’s portfolio, making the stock its 29th biggest position.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Principal Securities Inc. grew its stake in SPDR Gold Shares by 0.3% during the 1st quarter. Principal Securities Inc. now owns 10,301 shares of the exchange traded fund’s stock valued at $2,968,000 after acquiring an additional 33 shares in the last quarter. TPG Advisors LLC lifted its holdings in shares of SPDR Gold Shares by 2.6% during the 2nd quarter. TPG Advisors LLC now owns 1,291 shares of the exchange traded fund’s stock valued at $394,000 after buying an additional 33 shares during the last quarter. Tsfg LLC lifted its holdings in shares of SPDR Gold Shares by 0.9% during the 2nd quarter. Tsfg LLC now owns 3,623 shares of the exchange traded fund’s stock valued at $1,104,000 after buying an additional 33 shares during the last quarter. Mather Group LLC. lifted its holdings in shares of SPDR Gold Shares by 1.8% during the 2nd quarter. Mather Group LLC. now owns 1,946 shares of the exchange traded fund’s stock valued at $593,000 after buying an additional 34 shares during the last quarter. Finally, Pinnacle Associates Ltd. lifted its holdings in shares of SPDR Gold Shares by 0.3% during the 1st quarter. Pinnacle Associates Ltd. now owns 11,762 shares of the exchange traded fund’s stock valued at $3,389,000 after buying an additional 35 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of SPDR Gold Shares stock opened at $368.78 on Tuesday. The firm has a market cap of $133.46 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 52-week low of $236.13 and a 52-week high of $403.30. The stock has a 50-day simple moving average of $352.79 and a 200-day simple moving average of $323.24.

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).