SPDR Gold Shares $GLD Shares Bought by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans boosted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 103.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 88,514 shares of the exchange traded fund’s stock after buying an additional 45,042 shares during the period. Thrivent Financial for Lutherans’ holdings in SPDR Gold Shares were worth $26,982,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of GLD. Promus Capital LLC increased its position in shares of SPDR Gold Shares by 159.7% during the second quarter. Promus Capital LLC now owns 12,696 shares of the exchange traded fund’s stock valued at $3,870,000 after acquiring an additional 7,808 shares during the last quarter. Silverlake Wealth Management LLC lifted its holdings in shares of SPDR Gold Shares by 11.2% in the 2nd quarter. Silverlake Wealth Management LLC now owns 6,835 shares of the exchange traded fund’s stock worth $2,083,000 after acquiring an additional 691 shares during the last quarter. Newbridge Financial Services Group Inc. boosted its position in shares of SPDR Gold Shares by 8.9% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 1,625 shares of the exchange traded fund’s stock worth $495,000 after purchasing an additional 133 shares during the period. MRP Capital Investments LLC boosted its position in shares of SPDR Gold Shares by 16.4% during the 2nd quarter. MRP Capital Investments LLC now owns 12,347 shares of the exchange traded fund’s stock worth $3,764,000 after purchasing an additional 1,742 shares during the period. Finally, Advisory Services Network LLC increased its holdings in SPDR Gold Shares by 15.5% in the 2nd quarter. Advisory Services Network LLC now owns 105,196 shares of the exchange traded fund’s stock valued at $31,870,000 after purchasing an additional 14,155 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.1%

GLD stock opened at $395.80 on Tuesday. The company has a market capitalization of $143.24 billion, a PE ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 12-month low of $238.73 and a 12-month high of $403.30. The business’s fifty day moving average price is $379.10 and its 200 day moving average price is $339.43.

SPDR Gold Shares Company 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).