OneAscent Family Office LLC increased its stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 30.0% during the second quarter, Holdings Channel.com reports. The firm owned 1,798 shares of the exchange traded fund’s stock after purchasing an additional 415 shares during the quarter. OneAscent Family Office LLC’s holdings in SPDR Gold Shares were worth $548,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Brighton Jones LLC lifted its position in shares of SPDR Gold Shares by 20.4% during the 4th quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock valued at $2,723,000 after buying an additional 1,903 shares in the last quarter. Bison Wealth LLC raised its stake in SPDR Gold Shares by 77.8% during the 4th quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock worth $1,438,000 after acquiring an additional 2,600 shares during the period. Callan Capital LLC purchased a new position in SPDR Gold Shares during the first quarter valued at approximately $232,000. Brown Advisory Inc. boosted its position in shares of SPDR Gold Shares by 2.5% in the first quarter. Brown Advisory Inc. now owns 244,228 shares of the exchange traded fund’s stock worth $70,372,000 after purchasing an additional 5,942 shares during the period. Finally, Stratos Investment Management LLC raised its position in shares of SPDR Gold Shares by 36.9% during the 1st quarter. Stratos Investment Management LLC now owns 1,787 shares of the exchange traded fund’s stock valued at $515,000 after purchasing an additional 482 shares during the period. 42.19% of the stock is currently owned by hedge funds and other institutional investors.
SPDR Gold Shares Stock Performance
GLD opened at $366.51 on Thursday. SPDR Gold Shares has a fifty-two week low of $236.13 and a fifty-two week high of $403.30. The stock has a market cap of $132.64 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. The firm’s fifty day moving average is $354.87 and its 200 day moving average is $323.93.
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).
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