SPDR Gold Shares (NYSEARCA:GLD) Shares Bought by Apollon Financial LLC

Apollon Financial LLC boosted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 9.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,573 shares of the exchange traded fund’s stock after purchasing an additional 997 shares during the period. Apollon Financial LLC’s holdings in SPDR Gold Shares were worth $3,335,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in GLD. Murphy & Mullick Capital Management Corp bought a new stake in SPDR Gold Shares in the fourth quarter worth approximately $26,000. Columbia River Financial Group LLC bought a new position in SPDR Gold Shares in the 1st quarter worth approximately $34,000. HWG Holdings LP bought a new position in SPDR Gold Shares in the 1st quarter worth approximately $53,000. Inlight Wealth Management LLC bought a new position in SPDR Gold Shares in the 1st quarter worth approximately $55,000. Finally, American National Bank & Trust increased its position in SPDR Gold Shares by 189.4% in the 1st quarter. American National Bank & Trust now owns 191 shares of the exchange traded fund’s stock worth $55,000 after buying an additional 125 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of SPDR Gold Shares stock opened at $309.14 on Monday. SPDR Gold Shares has a fifty-two week low of $217.52 and a fifty-two week high of $317.63. The firm has a fifty day moving average price of $306.53 and a two-hundred day moving average price of $284.05. The company has a market cap of $102.17 billion, a PE ratio of -32.43 and a beta of 0.15.

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).