SPDR Gold Shares $GLD Shares Acquired by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC lifted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 21.8% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,669 shares of the exchange traded fund’s stock after buying an additional 1,014 shares during the period. Chicago Partners Investment Group LLC’s holdings in SPDR Gold Shares were worth $1,770,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Principal Securities Inc. grew its position in shares of SPDR Gold Shares by 0.3% during the 1st quarter. Principal Securities Inc. now owns 10,301 shares of the exchange traded fund’s stock valued at $2,968,000 after buying an additional 33 shares during the last quarter. TPG Advisors LLC grew its position in shares of SPDR Gold Shares by 2.6% during the 2nd quarter. TPG Advisors LLC now owns 1,291 shares of the exchange traded fund’s stock valued at $394,000 after buying an additional 33 shares during the last quarter. Mather Group LLC. grew its position in shares of SPDR Gold Shares by 1.8% during the 2nd quarter. Mather Group LLC. now owns 1,946 shares of the exchange traded fund’s stock valued at $593,000 after buying an additional 34 shares during the last quarter. Pinnacle Associates Ltd. grew its position in shares of SPDR Gold Shares by 0.3% during the 1st quarter. Pinnacle Associates Ltd. now owns 11,762 shares of the exchange traded fund’s stock valued at $3,389,000 after buying an additional 35 shares during the last quarter. Finally, FourThought Financial Partners LLC grew its position in shares of SPDR Gold Shares by 3.5% during the 1st quarter. FourThought Financial Partners LLC now owns 1,036 shares of the exchange traded fund’s stock valued at $299,000 after buying an additional 35 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 3.6%

Shares of NYSEARCA:GLD opened at $403.15 on Tuesday. SPDR Gold Shares has a fifty-two week low of $236.13 and a fifty-two week high of $403.30. The firm has a 50-day simple moving average of $340.15 and a 200 day simple moving average of $317.34. The company has a market cap of $144.01 billion, a PE ratio of -32.43 and a beta of 0.15.

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).