Putney Financial Group LLC Sells 100 Shares of SPDR Gold Shares $GLD

Putney Financial Group LLC trimmed its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 11.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 797 shares of the exchange traded fund’s stock after selling 100 shares during the quarter. Putney Financial Group LLC’s holdings in SPDR Gold Shares were worth $243,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. American National Bank & Trust boosted its position in SPDR Gold Shares by 52.4% during the 2nd quarter. American National Bank & Trust now owns 291 shares of the exchange traded fund’s stock valued at $89,000 after buying an additional 100 shares during the period. StrongBox Wealth LLC raised its stake in shares of SPDR Gold Shares by 10.1% during the second quarter. StrongBox Wealth LLC now owns 1,487 shares of the exchange traded fund’s stock valued at $453,000 after acquiring an additional 136 shares during the last quarter. Beaumont Financial Advisors LLC boosted its holdings in shares of SPDR Gold Shares by 6.5% during the second quarter. Beaumont Financial Advisors LLC now owns 3,509 shares of the exchange traded fund’s stock worth $1,070,000 after purchasing an additional 215 shares during the period. TD Private Client Wealth LLC grew its stake in shares of SPDR Gold Shares by 14.6% in the second quarter. TD Private Client Wealth LLC now owns 51,235 shares of the exchange traded fund’s stock worth $15,618,000 after purchasing an additional 6,540 shares during the last quarter. Finally, ST Germain D J Co. Inc. grew its stake in shares of SPDR Gold Shares by 151.5% in the second quarter. ST Germain D J Co. Inc. now owns 1,386 shares of the exchange traded fund’s stock worth $422,000 after purchasing an additional 835 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

GLD opened at $370.13 on Friday. SPDR Gold Shares has a one year low of $236.13 and a one year high of $403.30. The business has a 50 day simple moving average of $350.46 and a two-hundred day simple moving average of $322.02. The firm has a market capitalization of $134.32 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09.

SPDR Gold Shares 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).