TD Waterhouse Canada Inc. Has $43.23 Million Stake in SPDR Gold Shares $GLD

TD Waterhouse Canada Inc. grew its position in SPDR Gold Shares (NYSEARCA:GLD) by 26.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 140,620 shares of the exchange traded fund’s stock after buying an additional 29,454 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in SPDR Gold Shares were worth $43,232,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in GLD. American National Bank & Trust grew its position in SPDR Gold Shares by 52.4% in the second quarter. American National Bank & Trust now owns 291 shares of the exchange traded fund’s stock valued at $89,000 after acquiring an additional 100 shares during the last quarter. StrongBox Wealth LLC boosted its stake in shares of SPDR Gold Shares by 10.1% in the 2nd quarter. StrongBox Wealth LLC now owns 1,487 shares of the exchange traded fund’s stock valued at $453,000 after purchasing an additional 136 shares in the last quarter. Beaumont Financial Advisors LLC grew its holdings in shares of SPDR Gold Shares by 6.5% during the 2nd quarter. Beaumont Financial Advisors LLC now owns 3,509 shares of the exchange traded fund’s stock valued at $1,070,000 after purchasing an additional 215 shares during the last quarter. TD Private Client Wealth LLC increased its position in SPDR Gold Shares by 14.6% during the 2nd quarter. TD Private Client Wealth LLC now owns 51,235 shares of the exchange traded fund’s stock worth $15,618,000 after purchasing an additional 6,540 shares in the last quarter. Finally, ST Germain D J Co. Inc. increased its position in SPDR Gold Shares by 151.5% during the 2nd quarter. ST Germain D J Co. Inc. now owns 1,386 shares of the exchange traded fund’s stock worth $422,000 after purchasing an additional 835 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of SPDR Gold Shares stock opened at $374.35 on Wednesday. SPDR Gold Shares has a fifty-two week low of $238.73 and a fifty-two week high of $403.30. The firm has a market capitalization of $135.48 billion, a P/E ratio of -32.43 and a beta of 0.09. The company’s 50 day moving average price is $363.91 and its two-hundred day moving average price is $328.51.

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).