Roundview Capital LLC Sells 383 Shares of SPDR Gold Shares $GLD

Roundview Capital LLC lessened its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 4.3% during the second quarter, Holdings Channel reports. The institutional investor owned 8,609 shares of the exchange traded fund’s stock after selling 383 shares during the quarter. Roundview Capital LLC’s holdings in SPDR Gold Shares were worth $2,624,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in GLD. MJT & Associates Financial Advisory Group Inc. bought a new stake in SPDR Gold Shares in the 1st quarter valued at about $30,000. Columbia River Financial Group LLC purchased a new position in shares of SPDR Gold Shares in the first quarter worth about $34,000. Stone House Investment Management LLC purchased a new position in shares of SPDR Gold Shares in the first quarter worth about $34,000. Legacy Wealth Managment LLC ID raised its position in shares of SPDR Gold Shares by 51.1% in the first quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 46 shares during the period. Finally, HWG Holdings LP bought a new stake in shares of SPDR Gold Shares in the first quarter valued at approximately $53,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 1.9%

GLD opened at $364.38 on Tuesday. SPDR Gold Shares has a 12 month low of $236.13 and a 12 month high of $365.30. The company has a market cap of $129.65 billion, a PE ratio of -32.43 and a beta of 0.15. The company has a 50 day moving average of $325.72 and a 200 day moving average of $310.51.

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).