SPDR Gold Shares $GLD Shares Bought by Level Four Advisory Services LLC

Level Four Advisory Services LLC lifted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 5.7% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 61,905 shares of the exchange traded fund’s stock after purchasing an additional 3,339 shares during the quarter. SPDR Gold Shares accounts for approximately 0.7% of Level Four Advisory Services LLC’s holdings, making the stock its 22nd largest position. Level Four Advisory Services LLC’s holdings in SPDR Gold Shares were worth $18,871,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Traub Capital Management LLC bought a new stake in shares of SPDR Gold Shares during the 2nd quarter worth about $34,000. Stone House Investment Management LLC acquired a new position in shares of SPDR Gold Shares during the first quarter valued at approximately $34,000. Legacy Wealth Managment LLC ID raised its holdings in SPDR Gold Shares by 51.1% during the first quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 46 shares in the last quarter. First Command Advisory Services Inc. acquired a new stake in SPDR Gold Shares in the second quarter worth approximately $43,000. Finally, Decker Retirement Planning Inc. lifted its position in SPDR Gold Shares by 358.8% in the second quarter. Decker Retirement Planning Inc. now owns 156 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 122 shares during the period. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Performance

Shares of GLD stock opened at $383.12 on Friday. SPDR Gold Shares has a 1 year low of $238.73 and a 1 year high of $403.30. The stock has a market cap of $138.65 billion, a PE ratio of -32.43 and a beta of 0.09. The business’s fifty day moving average is $369.79 and its 200-day moving average is $331.63.

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).