SPDR Gold Shares $GLD Shares Acquired by Slagle Financial LLC

Slagle Financial LLC raised its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 20.0% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,144 shares of the exchange traded fund’s stock after buying an additional 191 shares during the quarter. Slagle Financial LLC’s holdings in SPDR Gold Shares were worth $349,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of GLD. 59 North Capital Management LP increased its holdings 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 last quarter. Kingstone Capital Partners Texas LLC acquired a new position in SPDR Gold Shares in the second quarter worth $120,429,000. TD Asset Management Inc increased its stake 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 valued at $208,855,000 after purchasing an additional 356,401 shares during the last quarter. Harvard Management Co. Inc. bought a new stake in SPDR Gold Shares during the second quarter valued at $101,508,000. Finally, Raymond James Financial Inc. raised its holdings in shares of 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 own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $375.96 on Monday. SPDR Gold Shares has a 1 year low of $236.33 and a 1 year high of $403.30. The firm’s 50-day moving average is $362.36 and its 200-day moving average is $327.45. The company has a market cap of $136.06 billion, a P/E ratio of -32.43 and a beta of 0.09.

SPDR Gold Shares Company 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).