Texas Yale Capital Corp. Acquires 371 Shares of SPDR Gold Shares $GLD

Texas Yale Capital Corp. increased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 19,361 shares of the exchange traded fund’s stock after acquiring an additional 371 shares during the period. Texas Yale Capital Corp.’s holdings in SPDR Gold Shares were worth $5,902,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. 59 North Capital Management LP grew its position in shares of SPDR Gold Shares by 76.4% in the 1st quarter. 59 North Capital Management LP now owns 1,263,196 shares of the exchange traded fund’s stock valued at $363,977,000 after acquiring an additional 547,018 shares during the period. OVERSEA CHINESE BANKING Corp Ltd raised its holdings in shares of SPDR Gold Shares by 604.5% in the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 548,947 shares of the exchange traded fund’s stock valued at $158,174,000 after purchasing an additional 471,032 shares during the period. Kingstone Capital Partners Texas LLC acquired a new stake in SPDR Gold Shares in the 2nd quarter valued at about $120,429,000. TD Asset Management Inc grew its holdings in SPDR Gold Shares by 108.4% during the second quarter. TD Asset Management Inc now owns 685,151 shares of the exchange traded fund’s stock worth $208,855,000 after purchasing an additional 356,401 shares during the period. Finally, Raymond James Financial Inc. grew its holdings in SPDR Gold Shares by 11.0% during the first quarter. Raymond James Financial Inc. now owns 2,063,634 shares of the exchange traded fund’s stock worth $594,616,000 after purchasing an additional 204,676 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 0.1%

Shares of NYSEARCA GLD opened at $366.07 on Friday. The company has a market capitalization of $132.48 billion, a P/E 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 stock has a 50 day moving average of $355.89 and a 200-day moving average of $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).