Stuart Chaussee & Associates Inc. Buys Shares of 250 SPDR Gold Shares $GLD

Stuart Chaussee & Associates Inc. bought a new stake in SPDR Gold Shares (NYSEARCA:GLD) in the 2nd quarter, Holdings Channel reports. The institutional investor bought 250 shares of the exchange traded fund’s stock, valued at approximately $76,000.

Other large investors have also recently bought and sold shares of the company. Principal Securities Inc. increased its position 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 acquiring an additional 33 shares during the period. TPG Advisors LLC grew its position in shares of 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 buying an additional 33 shares during the last quarter. Mather Group LLC. grew its position in shares of 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 buying an additional 34 shares during the last quarter. Pinnacle Associates Ltd. grew its position in shares of 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 buying an additional 35 shares during the last quarter. Finally, FourThought Financial Partners LLC grew its position in shares of 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 buying an additional 35 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Trading Down 0.7%

NYSEARCA GLD opened at $364.38 on Wednesday. The firm has a market capitalization of $133.95 billion, a PE ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 12 month low of $236.13 and a 12 month high of $403.30. The business’s 50-day moving average price is $348.11 and its two-hundred day moving average price is $321.23.

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).