Wilson & Boucher Capital Management LLC Buys New Stake in SPDR Gold Shares $GLD

Wilson & Boucher Capital Management LLC acquired a new stake in shares of SPDR Gold Shares (NYSEARCA:GLD) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 805 shares of the exchange traded fund’s stock, valued at approximately $232,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Woodline Partners LP boosted its stake in SPDR Gold Shares by 5.0% during the 1st quarter. Woodline Partners LP now owns 80,336 shares of the exchange traded fund’s stock valued at $23,148,000 after purchasing an additional 3,810 shares in the last quarter. Semmax Financial Advisors Inc. boosted its stake in SPDR Gold Shares by 12.4% during the first quarter. Semmax Financial Advisors Inc. now owns 14,379 shares of the exchange traded fund’s stock valued at $4,412,000 after buying an additional 1,588 shares in the last quarter. Empowered Funds LLC acquired a new position in SPDR Gold Shares during the first quarter worth about $3,828,000. AAF Wealth Management LLC raised its position in SPDR Gold Shares by 10.8% in the first quarter. AAF Wealth Management LLC now owns 26,268 shares of the exchange traded fund’s stock worth $7,569,000 after acquiring an additional 2,557 shares in the last quarter. Finally, Northeast Financial Consultants Inc lifted its stake in SPDR Gold Shares by 20.1% during the first quarter. Northeast Financial Consultants Inc now owns 4,183 shares of the exchange traded fund’s stock valued at $1,205,000 after purchasing an additional 700 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Performance

NYSEARCA GLD opened at $334.82 on Tuesday. SPDR Gold Shares has a 1 year low of $230.39 and a 1 year high of $335.67. The business’s fifty day moving average is $311.12 and its two-hundred day moving average is $300.27. The stock has a market capitalization of $111.63 billion, a P/E ratio of -32.43 and a beta of 0.15.

SPDR Gold Shares Company 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).