SPDR Gold Shares $GLD Position Increased by Brookstone Capital Management

Brookstone Capital Management raised its stake in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 2.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 171,961 shares of the exchange traded fund’s stock after buying an additional 4,177 shares during the period. SPDR Gold Shares makes up about 0.7% of Brookstone Capital Management’s investment portfolio, making the stock its 26th largest holding. Brookstone Capital Management’s holdings in SPDR Gold Shares were worth $61,127,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Revisor Wealth Management LLC raised its position in shares of SPDR Gold Shares by 2.4% during the third quarter. Revisor Wealth Management LLC now owns 1,237 shares of the exchange traded fund’s stock worth $452,000 after purchasing an additional 29 shares during the period. Brighton Jones LLC increased its stake in SPDR Gold Shares by 0.3% in the 3rd quarter. Brighton Jones LLC now owns 11,816 shares of the exchange traded fund’s stock worth $4,200,000 after purchasing an additional 31 shares in the last quarter. TPG Advisors LLC increased its stake in SPDR Gold Shares by 2.6% in the 2nd quarter. TPG Advisors LLC now owns 1,291 shares of the exchange traded fund’s stock worth $394,000 after purchasing an additional 33 shares in the last quarter. Tsfg LLC raised its holdings in SPDR Gold Shares by 0.9% during the 2nd quarter. Tsfg LLC now owns 3,623 shares of the exchange traded fund’s stock worth $1,104,000 after buying an additional 33 shares during the period. Finally, Seeds Investor LLC lifted its stake in 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 buying an additional 33 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

Key Stores Impacting SPDR Gold Shares

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SPDR Gold Shares Price Performance

Shares of GLD opened at $411.93 on Thursday. The company has a 50-day moving average of $383.24 and a two-hundred day moving average of $343.89. The stock has a market cap of $149.08 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a one year low of $239.58 and a one year high of $413.76.

SPDR Gold Shares Profile

(Free Report)

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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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