Custos Family Office LLC Grows Position in SPDR Gold Shares $GLD

Custos Family Office LLC lifted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 5.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,076 shares of the exchange traded fund’s stock after buying an additional 58 shares during the period. Custos Family Office LLC’s holdings in SPDR Gold Shares were worth $328,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of SPDR Gold Shares during the first quarter valued at $30,000. Columbia River Financial Group LLC purchased a new stake in shares of SPDR Gold Shares during the first quarter valued at $34,000. Stone House Investment Management LLC purchased a new stake in shares of SPDR Gold Shares during the first quarter valued at $34,000. Legacy Wealth Managment LLC ID boosted its position in shares of SPDR Gold Shares by 51.1% during the first quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 46 shares during the last quarter. Finally, HWG Holdings LP purchased a new stake in shares of SPDR Gold Shares during the first quarter valued at $53,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

SPDR Gold Shares stock opened at $354.79 on Friday. SPDR Gold Shares has a one year low of $236.13 and a one year high of $358.67. The stock has a market capitalization of $125.49 billion, a PE ratio of -32.43 and a beta of 0.15. The business’s fifty day moving average is $323.54 and its 200 day moving average is $308.97.

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).