Chemistry Wealth Management LLC increased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 4.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 3,744 shares of the exchange traded fund’s stock after purchasing an additional 163 shares during the quarter. Chemistry Wealth Management LLC’s holdings in SPDR Gold Shares were worth $1,141,000 at the end of the most recent quarter.
Several other large investors have also recently modified their holdings of GLD. MJT & Associates Financial Advisory Group Inc. bought a new position in shares of SPDR Gold Shares during the 1st quarter valued at approximately $30,000. Columbia River Financial Group LLC purchased a new position in SPDR Gold Shares during the 1st quarter valued at $34,000. Stone House Investment Management LLC purchased a new position in SPDR Gold Shares during the 1st quarter valued at $34,000. Legacy Wealth Managment LLC ID boosted its holdings in SPDR Gold Shares by 51.1% during the 1st 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 during the period. Finally, HWG Holdings LP purchased a new position in SPDR Gold Shares during the 1st quarter valued at $53,000. Institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Stock Up 0.2%
GLD opened at $335.42 on Monday. SPDR Gold Shares has a 52-week low of $235.30 and a 52-week high of $338.31. The stock has a market cap of $111.83 billion, a P/E ratio of -32.43 and a beta of 0.15. The business has a fifty day moving average of $313.29 and a 200 day moving average of $302.12.
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).
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