SPDR Gold Shares $GLD Shares Sold by Cerity Partners LLC

Cerity Partners LLC cut its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 426,750 shares of the exchange traded fund’s stock after selling 15,455 shares during the period. Cerity Partners LLC owned approximately 0.13% of SPDR Gold Shares worth $130,105,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. TPG Advisors LLC lifted its stake in SPDR Gold Shares by 2.6% during the second quarter. TPG Advisors LLC now owns 1,291 shares of the exchange traded fund’s stock valued at $394,000 after buying an additional 33 shares in the last quarter. Tsfg LLC raised its holdings in shares of SPDR Gold Shares by 0.9% during the second quarter. Tsfg LLC now owns 3,623 shares of the exchange traded fund’s stock valued at $1,104,000 after acquiring an additional 33 shares during the period. Seeds Investor LLC raised its holdings in shares of SPDR Gold Shares by 3.5% during the second quarter. Seeds Investor LLC now owns 976 shares of the exchange traded fund’s stock valued at $298,000 after acquiring an additional 33 shares during the period. Mather Group LLC. lifted its position in shares of SPDR Gold Shares by 1.8% in the 2nd quarter. Mather Group LLC. now owns 1,946 shares of the exchange traded fund’s stock valued at $593,000 after acquiring an additional 34 shares in the last quarter. Finally, Vermillion & White Wealth Management Group LLC boosted its stake in SPDR Gold Shares by 8.5% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 432 shares of the exchange traded fund’s stock worth $132,000 after purchasing an additional 34 shares during the period. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

NYSEARCA GLD opened at $386.44 on Friday. The firm’s 50 day moving average price is $374.98 and its two-hundred day moving average price is $335.63. SPDR Gold Shares has a twelve month low of $238.73 and a twelve month high of $403.30. The stock has a market cap of $139.85 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09.

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).