SPDR Gold Shares $GLD Shares Purchased by WMG Financial Advisors LLC

WMG Financial Advisors LLC boosted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 31.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 7,317 shares of the exchange traded fund’s stock after buying an additional 1,755 shares during the period. SPDR Gold Shares accounts for approximately 0.8% of WMG Financial Advisors LLC’s holdings, making the stock its 20th largest holding. WMG Financial Advisors LLC’s holdings in SPDR Gold Shares were worth $2,230,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of GLD. Brighton Jones LLC raised its holdings in shares of SPDR Gold Shares by 20.4% in the 4th quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock worth $2,723,000 after purchasing an additional 1,903 shares during the period. Bison Wealth LLC raised its holdings in shares of 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 worth $1,438,000 after purchasing an additional 2,600 shares during the period. Harbor Capital Advisors Inc. purchased a new position in shares of SPDR Gold Shares in the 1st quarter worth about $288,000. GAMMA Investing LLC raised its holdings in shares of SPDR Gold Shares by 226.0% in the 1st quarter. GAMMA Investing LLC now owns 577 shares of the exchange traded fund’s stock worth $166,000 after purchasing an additional 400 shares during the period. Finally, Baker Ellis Asset Management LLC raised its holdings in shares of SPDR Gold Shares by 3.8% in the 1st quarter. Baker Ellis Asset Management LLC now owns 8,199 shares of the exchange traded fund’s stock worth $2,362,000 after purchasing an additional 300 shares during the period. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

SPDR Gold Shares stock opened at $365.43 on Friday. The stock’s 50-day moving average is $329.60 and its 200-day moving average is $311.92. The company has a market cap of $129.29 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15. SPDR Gold Shares has a 12 month low of $236.13 and a 12 month high of $373.57.

About SPDR Gold Shares

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).