WBH Advisory Inc. Has $342,000 Position in SPDR Gold Shares $GLD

WBH Advisory Inc. lifted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 6.6% during the second quarter, Holdings Channel reports. The fund owned 1,121 shares of the exchange traded fund’s stock after buying an additional 69 shares during the quarter. WBH Advisory Inc.’s holdings in SPDR Gold Shares were worth $342,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Principal Securities Inc. lifted its position in shares of SPDR Gold Shares by 0.3% during the 1st quarter. Principal Securities Inc. now owns 10,301 shares of the exchange traded fund’s stock valued at $2,968,000 after acquiring an additional 33 shares during the period. TPG Advisors LLC lifted its position in shares of SPDR Gold Shares by 2.6% during the 2nd quarter. TPG Advisors LLC now owns 1,291 shares of the exchange traded fund’s stock valued at $394,000 after acquiring an additional 33 shares during the period. Mather Group LLC. lifted its position in shares of SPDR Gold Shares by 1.8% during the 2nd quarter. Mather Group LLC. now owns 1,946 shares of the exchange traded fund’s stock valued at $593,000 after acquiring an additional 34 shares during the period. Pinnacle Associates Ltd. lifted its position in shares of SPDR Gold Shares by 0.3% during the 1st quarter. Pinnacle Associates Ltd. now owns 11,762 shares of the exchange traded fund’s stock valued at $3,389,000 after acquiring an additional 35 shares during the period. Finally, FourThought Financial Partners LLC lifted its position in shares of SPDR Gold Shares by 3.5% during the 1st quarter. FourThought Financial Partners LLC now owns 1,036 shares of the exchange traded fund’s stock valued at $299,000 after acquiring an additional 35 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 3.6%

GLD opened at $403.15 on Tuesday. The company’s fifty day moving average price is $340.15 and its two-hundred day moving average price is $317.34. SPDR Gold Shares has a 1-year low of $236.13 and a 1-year high of $403.30. The company has a market cap of $144.01 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15.

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).