L.K. Benson & Company P.C. Lowers Holdings in SPDR Gold Shares $GLD

L.K. Benson & Company P.C. decreased its stake in SPDR Gold Shares (NYSEARCA:GLD) by 12.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,098 shares of the exchange traded fund’s stock after selling 151 shares during the period. L.K. Benson & Company P.C.’s holdings in SPDR Gold Shares were worth $335,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC grew its holdings in shares of SPDR Gold Shares by 20.4% during the 4th quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock valued at $2,723,000 after purchasing an additional 1,903 shares during the last quarter. Bison Wealth LLC boosted its position in SPDR Gold Shares by 77.8% during the 4th quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock valued at $1,438,000 after buying an additional 2,600 shares during the period. Pallas Capital Advisors LLC boosted its position in SPDR Gold Shares by 12.3% during the 1st quarter. Pallas Capital Advisors LLC now owns 3,471 shares of the exchange traded fund’s stock valued at $1,000,000 after buying an additional 379 shares during the period. Harbor Capital Advisors Inc. purchased a new stake in SPDR Gold Shares during the 1st quarter valued at $288,000. Finally, GAMMA Investing LLC boosted its position in SPDR Gold Shares by 226.0% during the 1st quarter. GAMMA Investing LLC now owns 577 shares of the exchange traded fund’s stock valued at $166,000 after buying an additional 400 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.6%

Shares of GLD opened at $372.30 on Thursday. The stock has a market capitalization of $132.46 billion, a P/E ratio of -32.43 and a beta of 0.15. The firm has a fifty day simple moving average of $328.35 and a two-hundred day simple moving average of $311.32. SPDR Gold Shares has a twelve month low of $236.13 and a twelve month high of $373.57.

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).