Courage Miller Partners LLC trimmed its stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 1.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,742 shares of the exchange traded fund’s stock after selling 33 shares during the period. Courage Miller Partners LLC’s holdings in SPDR Gold Shares were worth $531,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Cornerstone Wealth Management LLC increased its holdings in SPDR Gold Shares by 4.0% in the first quarter. Cornerstone Wealth Management LLC now owns 10,110 shares of the exchange traded fund’s stock valued at $2,913,000 after purchasing an additional 388 shares during the period. American National Bank & Trust boosted its position in SPDR Gold Shares by 52.4% during the second quarter. American National Bank & Trust now owns 291 shares of the exchange traded fund’s stock valued at $89,000 after acquiring an additional 100 shares during the last quarter. StrongBox Wealth LLC boosted its position in SPDR Gold Shares by 10.1% during the second quarter. StrongBox Wealth LLC now owns 1,487 shares of the exchange traded fund’s stock valued at $453,000 after acquiring an additional 136 shares during the last quarter. TD Private Client Wealth LLC boosted its position in SPDR Gold Shares by 14.6% during the second quarter. TD Private Client Wealth LLC now owns 51,235 shares of the exchange traded fund’s stock valued at $15,618,000 after acquiring an additional 6,540 shares during the last quarter. Finally, Beaumont Financial Advisors LLC boosted its position in SPDR Gold Shares by 6.5% during the second quarter. Beaumont Financial Advisors LLC now owns 3,509 shares of the exchange traded fund’s stock valued at $1,070,000 after acquiring an additional 215 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.
SPDR Gold Shares Trading Up 1.0%
Shares of GLD opened at $369.12 on Monday. The stock has a market capitalization of $130.82 billion, a P/E ratio of -32.43 and a beta of 0.15. The firm’s fifty day simple moving average is $330.80 and its two-hundred day simple moving average is $313.00. SPDR Gold Shares has a 12 month low of $236.13 and a 12 month high of $373.57.
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).
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