Bluesphere Advisors LLC Buys 5,058 Shares of SPDR Gold Shares $GLD

Bluesphere Advisors LLC raised its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 62.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,209 shares of the exchange traded fund’s stock after purchasing an additional 5,058 shares during the quarter. SPDR Gold Shares accounts for 2.0% of Bluesphere Advisors LLC’s portfolio, making the stock its 9th largest holding. Bluesphere Advisors LLC’s holdings in SPDR Gold Shares were worth $4,026,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in GLD. MJT & Associates Financial Advisory Group Inc. acquired a new stake in SPDR Gold Shares during the first quarter valued at approximately $30,000. Columbia River Financial Group LLC acquired a new stake in SPDR Gold Shares during the first quarter valued at approximately $34,000. Stone House Investment Management LLC acquired a new stake in SPDR Gold Shares during the first quarter valued at approximately $34,000. Legacy Wealth Managment LLC ID boosted its holdings in SPDR Gold Shares by 51.1% during the first quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 46 shares in the last quarter. Finally, HWG Holdings LP acquired a new stake in SPDR Gold Shares during the first quarter valued at approximately $53,000. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

Shares of GLD opened at $352.46 on Tuesday. The company has a market capitalization of $117.51 billion, a P/E ratio of -32.43 and a beta of 0.15. SPDR Gold Shares has a one year low of $236.13 and a one year high of $352.83. The business’s 50 day simple moving average is $320.98 and its 200-day simple moving average is $307.77.

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).