SPDR Gold Shares $GLD Shares Bought by MGO Private Wealth LLC

MGO Private Wealth LLC boosted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,136 shares of the exchange traded fund’s stock after buying an additional 62 shares during the quarter. MGO Private Wealth LLC’s holdings in SPDR Gold Shares were worth $956,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. DAVENPORT & Co LLC boosted its position in shares of 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 worth $13,109,000 after buying an additional 896,836 shares in the last quarter. 59 North Capital Management LP boosted its position in shares of SPDR Gold Shares by 76.4% in the 1st quarter. 59 North Capital Management LP now owns 1,263,196 shares of the exchange traded fund’s stock worth $363,977,000 after buying an additional 547,018 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd boosted its position in shares of 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 worth $158,174,000 after buying an additional 471,032 shares in the last quarter. Kingstone Capital Partners Texas LLC purchased a new stake in shares of SPDR Gold Shares in the 2nd quarter worth about $120,429,000. Finally, Raymond James Financial Inc. boosted its position in shares of 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 worth $594,616,000 after buying an additional 204,676 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Up 0.8%

SPDR Gold Shares stock opened at $357.64 on Friday. SPDR Gold Shares has a 52 week low of $236.13 and a 52 week high of $358.67. The firm’s 50-day simple moving average is $324.54 and its 200 day simple moving average is $309.70. The firm has a market capitalization of $126.50 billion, a PE 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).