SPDR Gold Shares $GLD Shares Bought by Bath Savings Trust Co

Bath Savings Trust Co boosted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,986 shares of the exchange traded fund’s stock after buying an additional 149 shares during the quarter. Bath Savings Trust Co’s holdings in SPDR Gold Shares were worth $3,654,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. DAVENPORT & Co LLC raised its holdings in shares of SPDR Gold Shares by 105.3% in the 1st quarter. DAVENPORT & Co LLC now owns 45,496 shares of the exchange traded fund’s stock valued at $13,109,000 after purchasing an additional 896,836 shares in the last quarter. 59 North Capital Management LP raised its holdings in shares of SPDR Gold Shares by 76.4% in the 1st quarter. 59 North Capital Management LP now owns 1,263,196 shares of the exchange traded fund’s stock valued at $363,977,000 after purchasing an additional 547,018 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd raised its holdings in shares of SPDR Gold Shares by 604.5% in the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 548,947 shares of the exchange traded fund’s stock valued at $158,174,000 after purchasing an additional 471,032 shares in the last quarter. Raymond James Financial Inc. raised its holdings in shares of SPDR Gold Shares by 11.0% in the 1st quarter. Raymond James Financial Inc. now owns 2,063,634 shares of the exchange traded fund’s stock valued at $594,616,000 after purchasing an additional 204,676 shares in the last quarter. Finally, TD Asset Management Inc raised its holdings in shares of SPDR Gold Shares by 148.8% in the 1st quarter. TD Asset Management Inc now owns 328,750 shares of the exchange traded fund’s stock valued at $94,726,000 after purchasing an additional 196,615 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Down 0.8%

Shares of GLD opened at $336.97 on Thursday. SPDR Gold Shares has a twelve month low of $235.30 and a twelve month high of $341.24. The firm’s fifty day simple moving average is $315.26 and its 200-day simple moving average is $303.14. The firm has a market capitalization of $112.35 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15.

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).