SPDR Gold Shares $GLD Shares Purchased by Prostatis Group LLC

Prostatis Group LLC boosted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 18.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 16,306 shares of the exchange traded fund’s stock after acquiring an additional 2,516 shares during the period. SPDR Gold Shares accounts for about 1.4% of Prostatis Group LLC’s portfolio, making the stock its 17th largest holding. Prostatis Group LLC’s holdings in SPDR Gold Shares were worth $4,970,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in GLD. DAVENPORT & Co LLC lifted its stake in SPDR Gold Shares by 105.3% during the first quarter. DAVENPORT & Co LLC now owns 45,496 shares of the exchange traded fund’s stock worth $13,109,000 after purchasing an additional 896,836 shares in the last quarter. 59 North Capital Management LP lifted its stake in SPDR Gold Shares by 76.4% during the first quarter. 59 North Capital Management LP now owns 1,263,196 shares of the exchange traded fund’s stock worth $363,977,000 after purchasing an additional 547,018 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd lifted its stake in SPDR Gold Shares by 604.5% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 548,947 shares of the exchange traded fund’s stock worth $158,174,000 after purchasing an additional 471,032 shares in the last quarter. Kingstone Capital Partners Texas LLC acquired a new position in SPDR Gold Shares during the second quarter worth $120,429,000. Finally, Raymond James Financial Inc. lifted its stake in SPDR Gold Shares by 11.0% during the first quarter. Raymond James Financial Inc. now owns 2,063,634 shares of the exchange traded fund’s stock worth $594,616,000 after purchasing an additional 204,676 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Up 1.0%

NYSEARCA:GLD opened at $369.12 on Friday. The stock’s fifty day moving average is $330.80 and its two-hundred day moving average is $312.79. SPDR Gold Shares has a 52 week low of $236.13 and a 52 week high of $373.57. The stock has a market capitalization of $130.59 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15.

About SPDR Gold Shares

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).