Discipline Wealth Solutions LLC Acquires 1,535 Shares of SPDR Gold Shares $GLD

Discipline Wealth Solutions LLC grew its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 20.4% during the second quarter, according to its most recent filing with the SEC. The firm owned 9,055 shares of the exchange traded fund’s stock after acquiring an additional 1,535 shares during the period. SPDR Gold Shares comprises about 1.1% of Discipline Wealth Solutions LLC’s holdings, making the stock its 17th largest holding. Discipline Wealth Solutions LLC’s holdings in SPDR Gold Shares were worth $2,760,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Principal Securities Inc. grew its holdings 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 worth $2,968,000 after acquiring an additional 33 shares during the period. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of SPDR Gold Shares by 6.6% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 568 shares of the exchange traded fund’s stock worth $164,000 after acquiring an additional 35 shares during the period. Pinnacle Associates Ltd. grew its holdings 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 worth $3,389,000 after acquiring an additional 35 shares during the period. FourThought Financial Partners LLC grew its holdings 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 worth $299,000 after acquiring an additional 35 shares during the period. Finally, Stewardship Advisors LLC grew its holdings in shares of SPDR Gold Shares by 2.6% during the 1st quarter. Stewardship Advisors LLC now owns 1,441 shares of the exchange traded fund’s stock worth $415,000 after acquiring an additional 36 shares during the period. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

GLD stock opened at $335.42 on Friday. SPDR Gold Shares has a fifty-two week low of $235.30 and a fifty-two week high of $338.31. The business’s 50 day moving average price is $313.29 and its two-hundred day moving average price is $301.86. The company has a market capitalization of $111.83 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15.

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).