Jones Financial Companies Lllp raised its position in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 48.2% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 123,997 shares of the exchange traded fund’s stock after purchasing an additional 40,351 shares during the period. Jones Financial Companies Lllp’s holdings in SPDR Gold Shares were worth $35,227,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. MJT & Associates Financial Advisory Group Inc. acquired a new stake in SPDR Gold Shares in the first quarter valued at $30,000. Columbia River Financial Group LLC acquired a new stake in SPDR Gold Shares in the first quarter valued at $34,000. Stone House Investment Management LLC acquired a new stake in SPDR Gold Shares in the first quarter valued at $34,000. Legacy Wealth Managment LLC ID grew its holdings in 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 valued at $39,000 after purchasing an additional 46 shares during the last quarter. Finally, HWG Holdings LP acquired a new stake in SPDR Gold Shares in the first quarter valued at $53,000. Institutional investors and hedge funds own 42.19% of the company’s stock.
SPDR Gold Shares Stock Up 0.2%
Shares of NYSEARCA:GLD opened at $335.42 on Monday. SPDR Gold Shares has a 52-week low of $235.30 and a 52-week high of $338.31. The stock’s fifty day simple moving average is $313.29 and its 200-day simple moving average is $302.12. The company has a market capitalization of $111.83 billion, a P/E ratio of -32.43 and a beta of 0.15.
SPDR Gold Shares Company 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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