Creekside Partners Has $2.54 Million Position in SPDR Gold Shares $GLD

Creekside Partners grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.1% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 8,343 shares of the exchange traded fund’s stock after buying an additional 168 shares during the period. SPDR Gold Shares makes up 1.2% of Creekside Partners’ investment portfolio, making the stock its 24th biggest holding. Creekside Partners’ holdings in SPDR Gold Shares were worth $2,543,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in GLD. Brighton Jones LLC raised its position in shares of SPDR Gold Shares by 20.4% during the fourth quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock valued at $2,723,000 after buying an additional 1,903 shares during the last quarter. Bison Wealth LLC raised its position in shares of SPDR Gold Shares by 77.8% during the fourth 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 last quarter. GAMMA Investing LLC raised its position in shares of SPDR Gold Shares by 226.0% during the first 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 last quarter. Wealth Enhancement Advisory Services LLC increased its stake in SPDR Gold Shares by 34.4% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 250,469 shares of the exchange traded fund’s stock valued at $72,171,000 after acquiring an additional 64,154 shares during the period. Finally, Sagespring Wealth Partners LLC increased its stake in SPDR Gold Shares by 44.6% in the first quarter. Sagespring Wealth Partners LLC now owns 2,021 shares of the exchange traded fund’s stock valued at $582,000 after acquiring an additional 623 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.7%

NYSEARCA GLD opened at $387.39 on Thursday. The stock has a market cap of $137.64 billion, a P/E ratio of -32.43 and a beta of 0.15. The company’s 50-day simple moving average is $335.07 and its 200 day simple moving average is $314.63. SPDR Gold Shares has a twelve month low of $236.13 and a twelve month high of $387.76.

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).