Circle Wealth Management LLC Acquires 1,846 Shares of SPDR Gold Shares $GLD

Circle Wealth Management LLC increased its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 7.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 28,224 shares of the exchange traded fund’s stock after buying an additional 1,846 shares during the period. Circle Wealth Management LLC’s holdings in SPDR Gold Shares were worth $8,132,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of GLD. Leigh Baldwin & CO. LLC bought a new position in SPDR Gold Shares in the 4th quarter valued at $401,829,000. DAVENPORT & Co LLC boosted its holdings in 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 during the period. OVERSEA CHINESE BANKING Corp Ltd boosted its holdings in 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 during the period. 59 North Capital Management LP boosted its holdings in SPDR Gold Shares by 116.1% in the 4th quarter. 59 North Capital Management LP now owns 716,178 shares of the exchange traded fund’s stock valued at $173,408,000 after purchasing an additional 384,840 shares during the period. Finally, Raymond James Financial Inc. boosted its holdings in 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 during the period. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Price Performance

Shares of NYSEARCA:GLD opened at $307.29 on Friday. The firm has a fifty day moving average price of $308.43 and a two-hundred day moving average price of $295.44. SPDR Gold Shares has a one year low of $228.26 and a one year high of $317.63. The company has a market cap of $102.45 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).