SPDR Gold Shares $GLD Shares Purchased by GoalFusion Wealth Management LLC

GoalFusion Wealth Management LLC boosted its position in SPDR Gold Shares (NYSEARCA:GLD) by 2.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,475 shares of the exchange traded fund’s stock after purchasing an additional 355 shares during the period. SPDR Gold Shares comprises approximately 2.4% of GoalFusion Wealth Management LLC’s holdings, making the stock its 10th largest position. GoalFusion Wealth Management LLC’s holdings in SPDR Gold Shares were worth $4,717,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. lifted its position in shares of SPDR Gold Shares by 11.0% during the 1st quarter. Raymond James Financial Inc. now owns 2,063,634 shares of the exchange traded fund’s stock valued at $594,616,000 after acquiring an additional 204,676 shares during the period. Ameriprise Financial Inc. lifted its position in shares of SPDR Gold Shares by 12.2% during the 1st quarter. Ameriprise Financial Inc. now owns 1,556,698 shares of the exchange traded fund’s stock valued at $450,902,000 after acquiring an additional 169,005 shares during the period. 59 North Capital Management LP lifted its position in shares of SPDR Gold Shares by 76.4% during the 1st quarter. 59 North Capital Management LP now owns 1,263,196 shares of the exchange traded fund’s stock valued at $363,977,000 after acquiring an additional 547,018 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of SPDR Gold Shares by 9.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 1,217,861 shares of the exchange traded fund’s stock valued at $350,914,000 after acquiring an additional 106,648 shares during the period. Finally, Commonwealth Equity Services LLC lifted its position in shares of SPDR Gold Shares by 16.5% during the 1st quarter. Commonwealth Equity Services LLC now owns 1,141,703 shares of the exchange traded fund’s stock valued at $328,970,000 after acquiring an additional 161,638 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.6%

GLD stock opened at $346.74 on Friday. The firm has a 50 day moving average of $320.20 and a 200-day moving average of $306.75. SPDR Gold Shares has a 12-month low of $236.13 and a 12-month high of $348.75. The company has a market cap of $115.60 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15.

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).