SPDR Gold Shares $GLD Shares Bought by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. grew its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 61.8% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 48,860 shares of the exchange traded fund’s stock after buying an additional 18,658 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in SPDR Gold Shares were worth $14,894,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in GLD. TPG Advisors LLC lifted its position in SPDR Gold Shares by 2.6% in the second quarter. TPG Advisors LLC now owns 1,291 shares of the exchange traded fund’s stock valued at $394,000 after purchasing an additional 33 shares during the period. Tsfg LLC raised its stake in shares of SPDR Gold Shares by 0.9% during the 2nd quarter. Tsfg LLC now owns 3,623 shares of the exchange traded fund’s stock worth $1,104,000 after buying an additional 33 shares in the last quarter. Seeds Investor LLC raised its stake in shares of SPDR Gold Shares by 3.5% during the 2nd quarter. Seeds Investor LLC now owns 976 shares of the exchange traded fund’s stock worth $298,000 after buying an additional 33 shares in the last quarter. Mather Group LLC. lifted its holdings in shares of SPDR Gold Shares by 1.8% in the 2nd quarter. Mather Group LLC. now owns 1,946 shares of the exchange traded fund’s stock valued at $593,000 after buying an additional 34 shares during the period. Finally, Thomasville National Bank boosted its stake in shares of SPDR Gold Shares by 1.4% in the second quarter. Thomasville National Bank now owns 2,457 shares of the exchange traded fund’s stock valued at $749,000 after buying an additional 35 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

Shares of GLD stock opened at $380.20 on Tuesday. The business’s fifty day moving average price is $367.10 and its 200 day moving average price is $330.39. The firm has a market capitalization of $137.59 billion, a PE ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 1-year low of $238.73 and a 1-year high of $403.30.

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).