Innealta Capital LLC Raises Stock Holdings in SPDR Gold Shares $GLD

Innealta Capital LLC raised its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 45.5% during the 2nd quarter, Holdings Channel reports. The firm owned 4,222 shares of the exchange traded fund’s stock after buying an additional 1,321 shares during the quarter. Innealta Capital LLC’s holdings in SPDR Gold Shares were worth $1,287,000 as of its most recent filing with the SEC.

Other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC lifted its holdings in shares of SPDR Gold Shares by 20.4% in 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 during the period. Bison Wealth LLC grew its holdings in SPDR Gold Shares by 77.8% during the fourth 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. Linden Thomas Advisory Services LLC raised its position in SPDR Gold Shares by 6.2% during the first quarter. Linden Thomas Advisory Services LLC now owns 6,993 shares of the exchange traded fund’s stock valued at $2,015,000 after acquiring an additional 407 shares in the last quarter. Quotient Wealth Partners LLC acquired a new position in SPDR Gold Shares in the first quarter valued at approximately $239,000. Finally, Leavell Investment Management Inc. increased its holdings in shares of SPDR Gold Shares by 23.6% during the 1st quarter. Leavell Investment Management Inc. now owns 3,531 shares of the exchange traded fund’s stock valued at $1,017,000 after purchasing an additional 675 shares in the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Down 0.1%

NYSEARCA:GLD opened at $366.07 on Friday. The stock has a market capitalization of $132.48 billion, a PE ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 52 week low of $236.13 and a 52 week high of $403.30. The stock’s 50-day moving average price is $355.89 and its 200-day moving average price is $324.23.

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).