Anfield Capital Management LLC Makes New Investment in SPDR Gold Shares $GLD

Anfield Capital Management LLC acquired a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 200 shares of the exchange traded fund’s stock, valued at approximately $61,000.

Several other hedge funds also recently modified their holdings of GLD. Brighton Jones LLC boosted its holdings in shares of SPDR Gold Shares by 20.4% in the 4th quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock valued at $2,723,000 after buying an additional 1,903 shares during the last quarter. Bison Wealth LLC raised its position in SPDR Gold Shares by 77.8% during the fourth quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock worth $1,438,000 after acquiring an additional 2,600 shares in the last quarter. Gallacher Capital Management LLC raised its position in SPDR Gold Shares by 6.6% during the first quarter. Gallacher Capital Management LLC now owns 997 shares of the exchange traded fund’s stock worth $287,000 after acquiring an additional 62 shares in the last quarter. Ignite Planners LLC lifted its stake in SPDR Gold Shares by 121.6% in the first quarter. Ignite Planners LLC now owns 3,850 shares of the exchange traded fund’s stock valued at $1,145,000 after acquiring an additional 2,113 shares during the last quarter. Finally, Financial Sense Advisors Inc. grew its position in shares of SPDR Gold Shares by 32.8% in the 1st quarter. Financial Sense Advisors Inc. now owns 6,795 shares of the exchange traded fund’s stock valued at $1,958,000 after acquiring an additional 1,679 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of GLD stock opened at $374.35 on Wednesday. The firm’s 50-day moving average is $363.91 and its 200-day moving average is $328.51. The stock has a market cap of $135.48 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 52-week low of $238.73 and a 52-week 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).