SPDR Gold Shares $GLD Shares Acquired by Cambridge Financial Group LLC

Cambridge Financial Group LLC lifted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 170.8% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,179 shares of the exchange traded fund’s stock after purchasing an additional 2,005 shares during the period. Cambridge Financial Group LLC’s holdings in SPDR Gold Shares were worth $1,130,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in GLD. Laurel Wealth Advisors LLC raised its stake in shares of SPDR Gold Shares by 31,232.8% in the second quarter. Laurel Wealth Advisors LLC now owns 2,922,406 shares of the exchange traded fund’s stock valued at $890,837,000 after acquiring an additional 2,913,079 shares in the last quarter. Corient Private Wealth LLC raised its position in SPDR Gold Shares by 108.1% in the 2nd quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock valued at $327,500,000 after purchasing an additional 559,507 shares in the last quarter. 59 North Capital Management LP grew its position 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 purchased a new stake in shares of SPDR Gold Shares during the second quarter worth approximately $120,429,000. Finally, TD Asset Management Inc lifted its stake in SPDR Gold Shares by 108.4% in the second quarter. TD Asset Management Inc now owns 685,151 shares of the exchange traded fund’s stock worth $208,855,000 after acquiring an additional 356,401 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.1%

NYSEARCA GLD opened at $395.80 on Tuesday. SPDR Gold Shares has a 52 week low of $238.73 and a 52 week high of $403.30. The firm has a 50 day moving average of $379.10 and a two-hundred day moving average of $339.43. The stock has a market capitalization of $143.24 billion, a PE 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).