Kohmann Bosshard Financial Services LLC Has $833,000 Position in SPDR Gold Shares $GLD

Kohmann Bosshard Financial Services LLC boosted its stake in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 6.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,734 shares of the exchange traded fund’s stock after purchasing an additional 174 shares during the quarter. Kohmann Bosshard Financial Services LLC’s holdings in SPDR Gold Shares were worth $833,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. TPG Advisors LLC increased its position in SPDR Gold Shares by 2.6% in the 2nd quarter. TPG Advisors LLC now owns 1,291 shares of the exchange traded fund’s stock valued at $394,000 after buying an additional 33 shares in the last quarter. Tsfg LLC grew its stake in SPDR Gold Shares by 0.9% in the second quarter. Tsfg LLC now owns 3,623 shares of the exchange traded fund’s stock valued at $1,104,000 after acquiring an additional 33 shares during the period. Seeds Investor LLC grew its stake in SPDR Gold Shares by 3.5% in the second quarter. Seeds Investor LLC now owns 976 shares of the exchange traded fund’s stock valued at $298,000 after acquiring an additional 33 shares during the period. Mather Group LLC. increased its holdings in shares of SPDR Gold Shares by 1.8% during the second quarter. Mather Group LLC. now owns 1,946 shares of the exchange traded fund’s stock valued at $593,000 after acquiring an additional 34 shares in the last quarter. Finally, Pinnacle Associates Ltd. increased its holdings in shares of SPDR Gold Shares by 0.3% during the first quarter. Pinnacle Associates Ltd. now owns 11,762 shares of the exchange traded fund’s stock valued at $3,389,000 after acquiring an additional 35 shares in the last quarter. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Down 0.2%

Shares of GLD opened at $374.27 on Friday. The business’s fifty day moving average is $366.28 and its 200 day moving average is $329.62. SPDR Gold Shares has a 12-month low of $238.73 and a 12-month high of $403.30. The stock has a market cap of $135.45 billion, a P/E ratio of -32.43 and a beta of 0.09.

About SPDR Gold Shares

(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).

Further Reading

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

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