Good Life Advisors LLC increased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 49.8% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 27,885 shares of the exchange traded fund’s stock after buying an additional 9,271 shares during the period. Good Life Advisors LLC’s holdings in SPDR Gold Shares were worth $8,500,000 as of its most recent filing with the SEC.
Other large investors have also recently bought and sold shares of the company. 59 North Capital Management LP lifted its holdings in shares of SPDR Gold Shares by 76.4% during the first quarter. 59 North Capital Management LP now owns 1,263,196 shares of the exchange traded fund’s stock worth $363,977,000 after buying an additional 547,018 shares in the last quarter. Kingstone Capital Partners Texas LLC acquired a new position in shares of SPDR Gold Shares during the 2nd quarter worth approximately $120,429,000. TD Asset Management Inc increased its holdings in shares of SPDR Gold Shares by 108.4% during the second quarter. TD Asset Management Inc now owns 685,151 shares of the exchange traded fund’s stock worth $208,855,000 after purchasing an additional 356,401 shares during the period. Raymond James Financial Inc. increased its holdings in shares of SPDR Gold Shares by 11.0% during the first quarter. Raymond James Financial Inc. now owns 2,063,634 shares of the exchange traded fund’s stock worth $594,616,000 after purchasing an additional 204,676 shares during the period. Finally, Northside Capital Management LLC boosted its stake in shares of SPDR Gold Shares by 12,058.6% in the second quarter. Northside Capital Management LLC now owns 190,647 shares of the exchange traded fund’s stock valued at $58,115,000 after buying an additional 189,079 shares during the period. 42.19% of the stock is owned by institutional investors.
SPDR Gold Shares Price Performance
SPDR Gold Shares stock opened at $385.99 on Thursday. The firm has a market cap of $139.69 billion, a PE ratio of -32.43 and a beta of 0.09. The stock’s fifty day moving average price is $360.34 and its two-hundred day moving average price is $326.28. SPDR Gold Shares has a one year low of $236.13 and a one year high of $403.30.
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).
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