Ndwm LLC Purchases 14,335 Shares of SPDR Gold Shares $GLD

Ndwm LLC raised its position in SPDR Gold Shares (NYSEARCA:GLD) by 295.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,195 shares of the exchange traded fund’s stock after purchasing an additional 14,335 shares during the quarter. SPDR Gold Shares comprises 4.3% of Ndwm LLC’s investment portfolio, making the stock its 6th biggest position. Ndwm LLC’s holdings in SPDR Gold Shares were worth $5,851,000 at the end of the most recent quarter.

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

SPDR Gold Shares Price Performance

NYSEARCA:GLD opened at $377.52 on Friday. The firm has a market capitalization of $138.78 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15. The company’s 50-day moving average is $345.72 and its two-hundred day moving average is $319.91. SPDR Gold Shares has a 1-year low of $236.13 and a 1-year high of $403.30.

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).