SPDR Gold Shares $GLD Shares Acquired by Darden Wealth Group Inc

Darden Wealth Group Inc boosted its position in SPDR Gold Shares (NYSEARCA:GLD) by 62.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,867 shares of the exchange traded fund’s stock after purchasing an additional 718 shares during the period. Darden Wealth Group Inc’s holdings in SPDR Gold Shares were worth $569,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Ndwm LLC raised its stake in shares of SPDR Gold Shares by 295.0% during the 2nd quarter. Ndwm LLC now owns 19,195 shares of the exchange traded fund’s stock worth $5,851,000 after buying an additional 14,335 shares in the last quarter. Anthracite Investment Company Inc. grew its stake in shares of SPDR Gold Shares by 5.0% during the 2nd quarter. Anthracite Investment Company Inc. now owns 1,050 shares of the exchange traded fund’s stock worth $320,000 after purchasing an additional 50 shares during the period. Brighton Jones LLC increased its holdings in shares of SPDR Gold Shares by 4.6% in the 2nd quarter. Brighton Jones LLC now owns 11,785 shares of the exchange traded fund’s stock valued at $3,592,000 after purchasing an additional 521 shares in the last quarter. Waldron Private Wealth LLC lifted its stake in shares of SPDR Gold Shares by 12.2% in the second quarter. Waldron Private Wealth LLC now owns 3,149 shares of the exchange traded fund’s stock valued at $960,000 after purchasing an additional 343 shares during the period. Finally, Linden Thomas Advisory Services LLC boosted its holdings in SPDR Gold Shares by 5.4% during the second quarter. Linden Thomas Advisory Services LLC now owns 7,370 shares of the exchange traded fund’s stock worth $2,247,000 after buying an additional 377 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 0.3%

Shares of GLD opened at $377.52 on Friday. The firm’s 50-day moving average is $345.72 and its two-hundred day moving average is $319.91. SPDR Gold Shares has a twelve month low of $236.13 and a twelve month high of $403.30. The firm has a market capitalization of $138.78 billion, a P/E 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).