SPDR Gold Shares $GLD Shares Purchased by Winthrop Capital Management LLC

Winthrop Capital Management LLC increased its stake in SPDR Gold Shares (NYSEARCA:GLD) by 30.2% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,391 shares of the exchange traded fund’s stock after acquiring an additional 787 shares during the quarter. Winthrop Capital Management LLC’s holdings in SPDR Gold Shares were worth $1,034,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. Brighton Jones LLC increased its stake in SPDR Gold Shares by 20.4% during the 4th quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock worth $2,723,000 after buying an additional 1,903 shares in the last quarter. Bison Wealth LLC boosted its stake in shares of SPDR Gold Shares by 77.8% in the fourth quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock worth $1,438,000 after acquiring an additional 2,600 shares during the last quarter. Leavell Investment Management Inc. boosted its stake in shares of SPDR Gold Shares by 23.6% in the first quarter. Leavell Investment Management Inc. now owns 3,531 shares of the exchange traded fund’s stock worth $1,017,000 after acquiring an additional 675 shares during the last quarter. Diversify Wealth Management LLC increased its position in shares of SPDR Gold Shares by 14.4% during the first quarter. Diversify Wealth Management LLC now owns 3,168 shares of the exchange traded fund’s stock worth $970,000 after purchasing an additional 398 shares in the last quarter. Finally, Gateway Wealth Partners LLC raised its stake in SPDR Gold Shares by 4.6% in the 1st quarter. Gateway Wealth Partners LLC now owns 1,585 shares of the exchange traded fund’s stock valued at $457,000 after purchasing an additional 69 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

Shares of GLD stock opened at $368.31 on Friday. SPDR Gold Shares has a fifty-two week low of $236.13 and a fifty-two week high of $403.30. The stock’s fifty day moving average is $356.89 and its two-hundred day moving average is $324.69. The firm has a market capitalization of $133.29 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).