SPDR Gold Shares (NYSEARCA:GLD) Holdings Raised by Eagle Strategies LLC

Eagle Strategies LLC grew its position in SPDR Gold Shares (NYSEARCA:GLD) by 2.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,106 shares of the exchange traded fund’s stock after purchasing an additional 418 shares during the period. SPDR Gold Shares comprises about 1.1% of Eagle Strategies LLC’s holdings, making the stock its 28th largest position. Eagle Strategies LLC’s holdings in SPDR Gold Shares were worth $6,081,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Oppenheimer & Co. Inc. boosted its stake in SPDR Gold Shares by 6.3% during the 1st quarter. Oppenheimer & Co. Inc. now owns 97,156 shares of the exchange traded fund’s stock valued at $27,995,000 after purchasing an additional 5,734 shares during the period. Dopkins Wealth Management LLC bought a new position in SPDR Gold Shares during the first quarter worth about $330,000. XML Financial LLC raised its holdings in SPDR Gold Shares by 2.2% during the first quarter. XML Financial LLC now owns 44,003 shares of the exchange traded fund’s stock worth $12,679,000 after acquiring an additional 931 shares in the last quarter. JFS Wealth Advisors LLC increased its position in SPDR Gold Shares by 4.4% during the first quarter. JFS Wealth Advisors LLC now owns 3,906 shares of the exchange traded fund’s stock worth $1,125,000 after buying an additional 166 shares during the last quarter. Finally, HWG Holdings LP acquired a new position in shares of SPDR Gold Shares in the first quarter valued at approximately $53,000. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

Shares of GLD opened at $310.13 on Monday. The stock has a fifty day moving average of $305.94 and a 200-day moving average of $277.45. SPDR Gold Shares has a 52 week low of $212.12 and a 52 week high of $317.63. The stock has a market capitalization of $101.41 billion, a price-to-earnings ratio of -32.43 and a beta of 0.11.

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).