Cwm LLC Has $105.84 Million Stake in SPDR Gold Shares $GLD

Cwm LLC trimmed its stake in SPDR Gold Shares (NYSEARCA:GLD) by 3.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 347,208 shares of the exchange traded fund’s stock after selling 11,066 shares during the period. Cwm LLC owned about 0.10% of SPDR Gold Shares worth $105,839,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Transcendent Capital Group LLC increased its holdings in SPDR Gold Shares by 14.1% in the second quarter. Transcendent Capital Group LLC now owns 1,554 shares of the exchange traded fund’s stock valued at $474,000 after purchasing an additional 192 shares during the period. Concurrent Investment Advisors LLC increased its holdings in SPDR Gold Shares by 41.6% in the second quarter. Concurrent Investment Advisors LLC now owns 134,643 shares of the exchange traded fund’s stock valued at $41,043,000 after purchasing an additional 39,539 shares during the period. Cerro Pacific Wealth Advisors LLC acquired a new stake in SPDR Gold Shares in the second quarter valued at $201,000. waypoint wealth counsel increased its holdings in SPDR Gold Shares by 0.4% in the second quarter. waypoint wealth counsel now owns 28,853 shares of the exchange traded fund’s stock valued at $8,795,000 after purchasing an additional 101 shares during the period. Finally, Matrix Asset Advisors Inc. NY increased its holdings in SPDR Gold Shares by 18.2% in the second quarter. Matrix Asset Advisors Inc. NY now owns 955 shares of the exchange traded fund’s stock valued at $291,000 after purchasing an additional 147 shares during the period. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Up 1.0%

NYSEARCA GLD opened at $369.12 on Friday. The company has a market capitalization of $130.59 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15. SPDR Gold Shares has a twelve month low of $236.13 and a twelve month high of $373.57. The stock has a fifty day simple moving average of $330.80 and a 200 day simple moving average of $312.79.

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).