Brighton Jones LLC Has $3.59 Million Stake in SPDR Gold Shares $GLD

Brighton Jones LLC boosted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 4.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,785 shares of the exchange traded fund’s stock after purchasing an additional 521 shares during the period. Brighton Jones LLC’s holdings in SPDR Gold Shares were worth $3,592,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bison Wealth LLC boosted its position in SPDR Gold Shares by 77.8% in the 4th quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock valued at $1,438,000 after buying an additional 2,600 shares during the last quarter. GAMMA Investing LLC boosted its position in SPDR Gold Shares by 226.0% in the 1st quarter. GAMMA Investing LLC now owns 577 shares of the exchange traded fund’s stock valued at $166,000 after buying an additional 400 shares during the last quarter. Beacon Financial Advisory LLC bought a new position in SPDR Gold Shares in the 1st quarter valued at $227,000. Diversified Trust Co boosted its position in SPDR Gold Shares by 8.0% in the 1st quarter. Diversified Trust Co now owns 4,328 shares of the exchange traded fund’s stock valued at $1,247,000 after buying an additional 319 shares during the last quarter. Finally, Lafayette Investments Inc. boosted its position in SPDR Gold Shares by 5.4% in the 1st quarter. Lafayette Investments Inc. now owns 2,121 shares of the exchange traded fund’s stock valued at $611,000 after buying an additional 108 shares during the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

Shares of GLD opened at $377.52 on Friday. The firm has a market capitalization of $138.78 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15. The business’s fifty day moving average price is $345.72 and its two-hundred day moving average price is $319.91. SPDR Gold Shares has a 52 week low of $236.13 and a 52 week high of $403.30.

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).