Atlantic Union Bankshares Corp Buys 1,302 Shares of SPDR Gold Shares $GLD

Atlantic Union Bankshares Corp raised its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 4.5% in the 2nd quarter, HoldingsChannel reports. The firm owned 30,025 shares of the exchange traded fund’s stock after purchasing an additional 1,302 shares during the period. Atlantic Union Bankshares Corp’s holdings in SPDR Gold Shares were worth $9,153,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of GLD. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of SPDR Gold Shares during the first quarter worth approximately $30,000. Stone House Investment Management LLC purchased a new stake in shares of SPDR Gold Shares in the 1st quarter valued at $34,000. Legacy Wealth Managment LLC ID boosted its stake in shares of SPDR Gold Shares by 51.1% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 46 shares in the last quarter. First Command Advisory Services Inc. purchased a new stake in shares of SPDR Gold Shares in the 2nd quarter valued at $43,000. Finally, Signature Resources Capital Management LLC boosted its stake in shares of 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 purchasing an additional 110 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Performance

Shares of SPDR Gold Shares stock opened at $366.51 on Thursday. SPDR Gold Shares has a 52-week low of $236.13 and a 52-week high of $403.30. The stock has a market capitalization of $132.64 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. The company has a fifty day moving average of $354.87 and a 200-day moving average of $323.93.

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).