Fisher Asset Management LLC Has $1.66 Million Stock Position in SPDR Gold Shares $GLD

Fisher Asset Management LLC lowered its stake in SPDR Gold Shares (NYSEARCA:GLD) by 44.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,442 shares of the exchange traded fund’s stock after selling 4,403 shares during the quarter. Fisher Asset Management LLC’s holdings in SPDR Gold Shares were worth $1,659,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Stone House Investment Management LLC acquired a new position in SPDR Gold Shares in the 1st quarter worth $34,000. Traub Capital Management LLC bought a new stake in shares of SPDR Gold Shares in the second quarter valued at about $34,000. Legacy Wealth Managment LLC ID boosted its position in shares of SPDR Gold Shares by 51.1% during the first quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 46 shares during the period. First Command Advisory Services Inc. bought a new position in shares of SPDR Gold Shares during the second quarter worth about $43,000. Finally, Decker Retirement Planning Inc. grew its holdings in shares of SPDR Gold Shares by 358.8% during the second quarter. Decker Retirement Planning Inc. now owns 156 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 122 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

NYSEARCA GLD opened at $386.44 on Friday. The stock has a market capitalization of $139.85 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. The stock’s 50 day moving average price is $374.98 and its two-hundred day moving average price is $335.41. SPDR Gold Shares has a 52 week low of $238.73 and a 52 week 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).