Savant Capital LLC Acquires 140 Shares of SPDR Gold Shares $GLD

Savant Capital LLC raised its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 0.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 24,088 shares of the exchange traded fund’s stock after purchasing an additional 140 shares during the quarter. Savant Capital LLC’s holdings in SPDR Gold Shares were worth $7,343,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. MJT & Associates Financial Advisory Group Inc. acquired a new stake in SPDR Gold Shares in the first quarter valued at about $30,000. Stone House Investment Management LLC bought a new position in shares of SPDR Gold Shares in the first quarter worth about $34,000. Legacy Wealth Managment LLC ID lifted its holdings in shares of SPDR Gold Shares by 51.1% in the first quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 46 shares during the last quarter. First Command Advisory Services Inc. acquired a new stake in shares of SPDR Gold Shares in the 2nd quarter valued at approximately $43,000. Finally, Signature Resources Capital Management LLC grew its holdings in shares of SPDR Gold Shares by 146.7% during 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 during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

GLD stock opened at $368.31 on Friday. The stock has a market cap of $133.29 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. The company has a 50 day simple moving average of $356.89 and a 200 day simple moving average of $324.59. SPDR Gold Shares has a 1 year low of $236.13 and a 1 year high of $403.30.

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).