Central Asset Investments & Management Holdings HK Ltd Acquires 9,150 Shares of SPDR Gold Shares $GLD

Central Asset Investments & Management Holdings HK Ltd grew its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 819.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,266 shares of the exchange traded fund’s stock after acquiring an additional 9,150 shares during the quarter. SPDR Gold Shares accounts for approximately 2.2% of Central Asset Investments & Management Holdings HK Ltd’s investment portfolio, making the stock its 10th largest position. Central Asset Investments & Management Holdings HK Ltd’s holdings in SPDR Gold Shares were worth $3,129,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Mitsubishi UFJ Trust & Banking Corp increased its position in SPDR Gold Shares by 16.2% during the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 490,100 shares of the exchange traded fund’s stock worth $149,397,000 after purchasing an additional 68,400 shares in the last quarter. Advyzon Investment Management LLC increased its holdings in shares of SPDR Gold Shares by 406.0% during the second quarter. Advyzon Investment Management LLC now owns 19,709 shares of the exchange traded fund’s stock worth $6,008,000 after buying an additional 15,814 shares in the last quarter. Verus Capital Partners LLC increased its holdings in shares of SPDR Gold Shares by 1.7% during the second quarter. Verus Capital Partners LLC now owns 10,007 shares of the exchange traded fund’s stock worth $3,050,000 after buying an additional 164 shares in the last quarter. Cascade Financial Partners LLC lifted its stake in shares of SPDR Gold Shares by 2.1% in the 2nd quarter. Cascade Financial Partners LLC now owns 4,291 shares of the exchange traded fund’s stock valued at $1,308,000 after acquiring an additional 87 shares during the last quarter. Finally, Fagan Associates Inc. acquired a new stake in shares of SPDR Gold Shares during the 2nd quarter valued at $211,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Up 0.4%

Shares of GLD stock opened at $379.87 on Wednesday. SPDR Gold Shares has a twelve month low of $236.13 and a twelve month high of $403.30. The stock’s fifty day simple moving average is $359.18 and its 200 day simple moving average is $325.86. The firm has a market capitalization of $137.47 billion, a P/E ratio of -32.43 and a beta of 0.09.

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).