SPDR Gold Shares $GLD Shares Sold by Versant Capital Management Inc

Versant Capital Management Inc lessened its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 22,390 shares of the exchange traded fund’s stock after selling 886 shares during the period. SPDR Gold Shares makes up approximately 1.0% of Versant Capital Management Inc’s portfolio, making the stock its 18th biggest holding. Versant Capital Management Inc’s holdings in SPDR Gold Shares were worth $6,825,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. MJT & Associates Financial Advisory Group Inc. acquired a new position in SPDR Gold Shares during the first quarter worth $30,000. Stone House Investment Management LLC purchased a new stake in shares of SPDR Gold Shares in the first quarter valued at $34,000. Columbia River Financial Group LLC purchased a new stake in shares of SPDR Gold Shares in the first quarter valued at $34,000. Legacy Wealth Managment LLC ID lifted its position in shares of SPDR Gold Shares by 51.1% in the first quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 46 shares in the last quarter. Finally, HWG Holdings LP purchased a new stake in shares of SPDR Gold Shares in the first quarter valued at $53,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.2%

Shares of NYSEARCA:GLD opened at $335.42 on Friday. SPDR Gold Shares has a 52-week low of $235.30 and a 52-week high of $338.31. The stock’s fifty day simple moving average is $313.29 and its 200-day simple moving average is $301.86. The company has a market capitalization of $111.83 billion, a P/E 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).