SPDR Gold Shares $GLD Position Raised by Fullerton Fund Management Co Ltd.

Fullerton Fund Management Co Ltd. lifted its position in SPDR Gold Shares (NYSEARCA:GLD) by 85.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 256,732 shares of the exchange traded fund’s stock after acquiring an additional 118,455 shares during the period. SPDR Gold Shares accounts for approximately 3.2% of Fullerton Fund Management Co Ltd.’s investment portfolio, making the stock its 9th biggest holding. Fullerton Fund Management Co Ltd. owned about 0.08% of SPDR Gold Shares worth $78,260,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kilter Group LLC acquired a new position in shares of SPDR Gold Shares in the second quarter valued at about $34,000. Traub Capital Management LLC purchased a new stake in SPDR Gold Shares in the second quarter valued at approximately $34,000. Legacy Wealth Managment LLC ID increased its holdings in SPDR Gold Shares by 51.1% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 46 shares during the period. First Command Advisory Services Inc. acquired a new position in SPDR Gold Shares in the 2nd quarter worth approximately $43,000. Finally, Decker Retirement Planning Inc. raised its position in SPDR Gold Shares by 358.8% during the 2nd quarter. Decker Retirement Planning Inc. now owns 156 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 122 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.6%

Shares of NYSEARCA GLD opened at $395.44 on Friday. The company has a 50 day simple moving average of $378.47 and a two-hundred day simple moving average of $338.31. The stock has a market cap of $143.11 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 12 month low of $238.73 and a 12 month high of $403.30.

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).