Total Wealth Planning LLC Acquires 2,706 Shares of SPDR Gold Shares $GLD

Total Wealth Planning LLC lifted its stake in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 14.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,457 shares of the exchange traded fund’s stock after purchasing an additional 2,706 shares during the period. SPDR Gold Shares accounts for approximately 0.9% of Total Wealth Planning LLC’s holdings, making the stock its 24th largest position. Total Wealth Planning LLC’s holdings in SPDR Gold Shares were worth $7,627,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Chapman Financial Group LLC purchased a new stake in SPDR Gold Shares in the 2nd quarter worth approximately $26,000. Traub Capital Management LLC purchased a new position in SPDR Gold Shares during the second quarter valued at approximately $34,000. Kilter Group LLC bought a new position in shares of SPDR Gold Shares in the second quarter worth approximately $34,000. Legacy Wealth Managment LLC ID increased its stake in shares of SPDR Gold Shares by 51.1% in the first quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 46 shares in the last quarter. Finally, First Command Advisory Services Inc. purchased a new stake in shares of SPDR Gold Shares in the second quarter worth $43,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

GLD opened at $416.74 on Friday. The stock has a market cap of $150.82 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. The firm’s fifty day moving average is $384.10 and its 200 day moving average is $345.40. SPDR Gold Shares has a fifty-two week low of $239.58 and a fifty-two week high of $418.45.

SPDR Gold Shares News Roundup

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SPDR Gold Shares Company Profile

(Free Report)

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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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