SteelPeak Wealth LLC Sells 190 Shares of SPDR Gold Shares $GLD

SteelPeak Wealth LLC trimmed its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 5.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,114 shares of the exchange traded fund’s stock after selling 190 shares during the quarter. SteelPeak Wealth LLC’s holdings in SPDR Gold Shares were worth $949,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Raymond James Financial Inc. raised its position in shares of SPDR Gold Shares by 11.0% in the first quarter. Raymond James Financial Inc. now owns 2,063,634 shares of the exchange traded fund’s stock valued at $594,616,000 after buying an additional 204,676 shares in the last quarter. Ameriprise Financial Inc. increased its stake in SPDR Gold Shares by 12.2% during the 1st quarter. Ameriprise Financial Inc. now owns 1,556,698 shares of the exchange traded fund’s stock worth $450,902,000 after acquiring an additional 169,005 shares during the period. 59 North Capital Management LP raised its holdings in SPDR Gold Shares by 76.4% in the 1st quarter. 59 North Capital Management LP now owns 1,263,196 shares of the exchange traded fund’s stock valued at $363,977,000 after acquiring an additional 547,018 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of SPDR Gold Shares by 9.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 1,217,861 shares of the exchange traded fund’s stock valued at $350,914,000 after acquiring an additional 106,648 shares during the period. Finally, Commonwealth Equity Services LLC grew its holdings in shares of SPDR Gold Shares by 16.5% during the 1st quarter. Commonwealth Equity Services LLC now owns 1,141,703 shares of the exchange traded fund’s stock worth $328,970,000 after purchasing an additional 161,638 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA GLD opened at $372.30 on Thursday. The stock has a market capitalization of $132.46 billion, a P/E ratio of -32.43 and a beta of 0.15. The stock’s fifty day moving average is $328.35 and its 200 day moving average is $311.32. SPDR Gold Shares has a 52 week low of $236.13 and a 52 week high of $373.57.

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).