SPDR Gold Shares $GLD Shares Bought by Aire Advisors LLC

Aire Advisors LLC grew its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 5.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 1,794 shares of the exchange traded fund’s stock after purchasing an additional 100 shares during the quarter. Aire Advisors LLC’s holdings in SPDR Gold Shares were worth $547,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of GLD. DAVENPORT & Co LLC increased its position in shares of SPDR Gold Shares by 105.3% during the 1st quarter. DAVENPORT & Co LLC now owns 45,496 shares of the exchange traded fund’s stock valued at $13,109,000 after purchasing an additional 896,836 shares during the period. 59 North Capital Management LP increased its position in shares of SPDR Gold Shares by 76.4% during the 1st quarter. 59 North Capital Management LP now owns 1,263,196 shares of the exchange traded fund’s stock valued at $363,977,000 after purchasing an additional 547,018 shares during the period. OVERSEA CHINESE BANKING Corp Ltd increased its position in shares of SPDR Gold Shares by 604.5% during the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 548,947 shares of the exchange traded fund’s stock valued at $158,174,000 after purchasing an additional 471,032 shares during the period. Kingstone Capital Partners Texas LLC acquired a new position in shares of SPDR Gold Shares during the 2nd quarter valued at $120,429,000. Finally, TD Asset Management Inc increased its position in shares of SPDR Gold Shares by 108.4% during the 2nd quarter. TD Asset Management Inc now owns 685,151 shares of the exchange traded fund’s stock valued at $208,855,000 after purchasing an additional 356,401 shares during the period. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

Shares of GLD stock opened at $387.39 on Thursday. The stock has a market cap of $137.64 billion, a PE ratio of -32.43 and a beta of 0.15. The business’s fifty day moving average is $335.07 and its 200-day moving average is $314.63. SPDR Gold Shares has a 1 year low of $236.13 and a 1 year 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).