SPDR Gold Shares $GLD Shares Acquired by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp increased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 16.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 490,100 shares of the exchange traded fund’s stock after purchasing an additional 68,400 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned 0.15% of SPDR Gold Shares worth $149,397,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. 59 North Capital Management LP raised its holdings in shares of SPDR Gold Shares by 76.4% in the first quarter. 59 North Capital Management LP now owns 1,263,196 shares of the exchange traded fund’s stock worth $363,977,000 after acquiring an additional 547,018 shares during the last quarter. Kingstone Capital Partners Texas LLC purchased a new stake in SPDR Gold Shares during the 2nd quarter worth about $120,429,000. TD Asset Management Inc increased its position in SPDR Gold Shares by 108.4% during the 2nd quarter. TD Asset Management Inc now owns 685,151 shares of the exchange traded fund’s stock worth $208,855,000 after purchasing an additional 356,401 shares in the last quarter. Raymond James Financial Inc. raised its stake in SPDR Gold Shares by 11.0% in the 1st quarter. Raymond James Financial Inc. now owns 2,063,634 shares of the exchange traded fund’s stock valued at $594,616,000 after purchasing an additional 204,676 shares during the last quarter. Finally, Northside Capital Management LLC lifted its holdings in SPDR Gold Shares by 12,058.6% in the 2nd quarter. Northside Capital Management LLC now owns 190,647 shares of the exchange traded fund’s stock valued at $58,115,000 after purchasing an additional 189,079 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

SPDR Gold Shares stock opened at $379.87 on Wednesday. The stock has a market capitalization of $137.47 billion, a P/E ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 12-month low of $236.13 and a 12-month high of $403.30. The firm’s 50-day moving average is $359.18 and its two-hundred day moving average is $325.86.

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).