SPDR Gold Shares $GLD Shares Sold by VestGen Investment Management

VestGen Investment Management reduced its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 13.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,716 shares of the exchange traded fund’s stock after selling 265 shares during the quarter. VestGen Investment Management’s holdings in SPDR Gold Shares were worth $523,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. American National Bank & Trust increased its stake in SPDR Gold Shares by 52.4% in the second quarter. American National Bank & Trust now owns 291 shares of the exchange traded fund’s stock valued at $89,000 after purchasing an additional 100 shares during the last quarter. StrongBox Wealth LLC increased its stake in SPDR Gold Shares by 10.1% in the second quarter. StrongBox Wealth LLC now owns 1,487 shares of the exchange traded fund’s stock valued at $453,000 after purchasing an additional 136 shares during the last quarter. TD Private Client Wealth LLC increased its stake in SPDR Gold Shares by 14.6% in the second quarter. TD Private Client Wealth LLC now owns 51,235 shares of the exchange traded fund’s stock valued at $15,618,000 after purchasing an additional 6,540 shares during the last quarter. Beaumont Financial Advisors LLC increased its stake in SPDR Gold Shares by 6.5% in the second quarter. Beaumont Financial Advisors LLC now owns 3,509 shares of the exchange traded fund’s stock valued at $1,070,000 after purchasing an additional 215 shares during the last quarter. Finally, ST Germain D J Co. Inc. increased its stake in SPDR Gold Shares by 151.5% in the second quarter. ST Germain D J Co. Inc. now owns 1,386 shares of the exchange traded fund’s stock valued at $422,000 after purchasing an additional 835 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Down 0.3%

SPDR Gold Shares stock opened at $377.52 on Friday. The firm has a market capitalization of $138.78 billion, a P/E ratio of -32.43 and a beta of 0.15. The stock has a fifty day moving average price of $345.72 and a 200 day moving average price of $319.91. SPDR Gold Shares has a 52 week low of $236.13 and a 52 week high of $403.30.

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).