SPDR Gold Shares $GLD Holdings Boosted by McGuire Investment Group LLC

McGuire Investment Group LLC boosted its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 17,725 shares of the exchange traded fund’s stock after purchasing an additional 537 shares during the period. McGuire Investment Group LLC’s holdings in SPDR Gold Shares were worth $5,403,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cornerstone Wealth Management LLC boosted its stake in shares of SPDR Gold Shares by 4.0% during the 1st quarter. Cornerstone Wealth Management LLC now owns 10,110 shares of the exchange traded fund’s stock valued at $2,913,000 after buying an additional 388 shares during the period. American National Bank & Trust boosted its stake in shares of SPDR Gold Shares by 52.4% during the 2nd quarter. American National Bank & Trust now owns 291 shares of the exchange traded fund’s stock valued at $89,000 after buying an additional 100 shares during the period. Marmo Financial Group LLC acquired a new stake in shares of SPDR Gold Shares during the 1st quarter valued at $218,000. StrongBox Wealth LLC boosted its stake in shares of SPDR Gold Shares by 10.1% during the 2nd quarter. StrongBox Wealth LLC now owns 1,487 shares of the exchange traded fund’s stock valued at $453,000 after buying an additional 136 shares during the period. Finally, Lloyd Advisory Services LLC. acquired a new stake in shares of SPDR Gold Shares during the 1st quarter valued at $217,000. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Up 0.2%

Shares of NYSEARCA:GLD opened at $356.03 on Thursday. The firm has a fifty day moving average of $322.65 and a two-hundred day moving average of $308.43. The firm has a market capitalization of $118.70 billion, a P/E ratio of -32.43 and a beta of 0.15. SPDR Gold Shares has a 12-month low of $236.13 and a 12-month high of $356.97.

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).