TPG Advisors LLC Buys 33 Shares of SPDR Gold Shares $GLD

TPG Advisors LLC lifted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 2.6% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,291 shares of the exchange traded fund’s stock after acquiring an additional 33 shares during the period. TPG Advisors LLC’s holdings in SPDR Gold Shares were worth $394,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. MJT & Associates Financial Advisory Group Inc. bought a new position in shares of SPDR Gold Shares in the 1st quarter valued at approximately $30,000. Columbia River Financial Group LLC bought a new position in shares of SPDR Gold Shares in the 1st quarter valued at approximately $34,000. Stone House Investment Management LLC bought a new position in shares of SPDR Gold Shares in the 1st quarter valued at approximately $34,000. Legacy Wealth Managment LLC ID raised its stake in shares of SPDR Gold Shares by 51.1% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 46 shares in the last quarter. Finally, HWG Holdings LP bought a new position in shares of SPDR Gold Shares in the 1st quarter valued at approximately $53,000. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Performance

Shares of GLD stock opened at $356.03 on Thursday. The stock’s 50 day simple moving average is $322.65 and its 200 day simple moving average is $308.43. The company has a market capitalization of $118.70 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15. SPDR Gold Shares has a twelve month low of $236.13 and a twelve month high of $356.97.

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).