SPDR Gold Shares $GLD Holdings Cut by KFA Private Wealth Group LLC

KFA Private Wealth Group LLC trimmed its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,845 shares of the exchange traded fund’s stock after selling 47 shares during the period. KFA Private Wealth Group LLC’s holdings in SPDR Gold Shares were worth $1,172,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of GLD. Brighton Jones LLC raised its stake 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 worth $2,723,000 after purchasing an additional 1,903 shares in the last quarter. Bison Wealth LLC raised its holdings in shares of 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 purchasing an additional 2,600 shares in the last quarter. Harbor Capital Advisors Inc. bought a new position in shares of SPDR Gold Shares during the 1st quarter valued at $288,000. GAMMA Investing LLC raised its holdings in shares of 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 purchasing an additional 400 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC raised its holdings in shares of SPDR Gold Shares by 10.8% during the 1st quarter. GPS Wealth Strategies Group LLC now owns 1,627 shares of the exchange traded fund’s stock valued at $469,000 after purchasing an additional 158 shares in the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

NYSEARCA GLD opened at $369.12 on Friday. SPDR Gold Shares has a fifty-two week low of $236.13 and a fifty-two week high of $373.57. The stock’s 50-day moving average is $330.80 and its two-hundred day moving average is $312.55. The firm has a market cap of $130.59 billion, a P/E ratio of -32.43 and a beta of 0.15.

About SPDR Gold Shares

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).