Trivium Point Advisory LLC Buys 2,804 Shares of SPDR Gold Shares $GLD

Trivium Point Advisory LLC grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 11.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,769 shares of the exchange traded fund’s stock after purchasing an additional 2,804 shares during the period. SPDR Gold Shares makes up 0.9% of Trivium Point Advisory LLC’s investment portfolio, making the stock its 23rd largest holding. Trivium Point Advisory LLC’s holdings in SPDR Gold Shares were worth $8,160,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently modified their holdings of the company. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of SPDR Gold Shares during the 1st quarter valued at about $30,000. Stone House Investment Management LLC bought a new stake in shares of SPDR Gold Shares during the 1st quarter valued at about $34,000. Columbia River Financial Group LLC bought a new stake in shares of SPDR Gold Shares during the 1st quarter valued at about $34,000. Legacy Wealth Managment LLC ID boosted its stake in shares of SPDR Gold Shares by 51.1% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 46 shares in the last quarter. Finally, HWG Holdings LP bought a new stake in shares of SPDR Gold Shares during the 1st quarter valued at about $53,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

NYSEARCA:GLD opened at $352.46 on Tuesday. SPDR Gold Shares has a one year low of $236.13 and a one year high of $352.83. The company’s 50-day simple moving average is $320.98 and its 200 day simple moving average is $307.77. The firm has a market capitalization of $117.51 billion, a P/E ratio of -32.43 and a beta of 0.15.

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).