Comprehensive Financial Management LLC Has $365.25 Million Stock Holdings in SPDR Gold Shares $GLD

Comprehensive Financial Management LLC lessened its stake in SPDR Gold Shares (NYSEARCA:GLD) by 0.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,267,529 shares of the exchange traded fund’s stock after selling 3,625 shares during the period. SPDR Gold Shares makes up approximately 11.5% of Comprehensive Financial Management LLC’s holdings, making the stock its 3rd largest position. Comprehensive Financial Management LLC’s holdings in SPDR Gold Shares were worth $365,249,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. MJT & Associates Financial Advisory Group Inc. bought a new stake in SPDR Gold Shares in the 1st quarter worth approximately $30,000. Stone House Investment Management LLC purchased a new position in shares of SPDR Gold Shares during the 1st quarter valued at $34,000. Columbia River Financial Group LLC purchased a new position in shares of SPDR Gold Shares during the 1st quarter valued at $34,000. HWG Holdings LP purchased a new position in shares of SPDR Gold Shares during the 1st quarter valued at $53,000. Finally, Inlight Wealth Management LLC purchased a new stake in SPDR Gold Shares in the 1st quarter worth $55,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.0%

Shares of GLD stock opened at $318.07 on Friday. The stock has a market cap of $106.04 billion, a P/E ratio of -32.43 and a beta of 0.15. SPDR Gold Shares has a 52 week low of $228.52 and a 52 week high of $318.09. The company’s fifty day simple moving average is $308.58 and its two-hundred day simple moving average is $297.43.

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).