SPDR Gold Shares $GLD Stock Holdings Trimmed by Lion Street Advisors LLC

Lion Street Advisors LLC lowered its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,072 shares of the exchange traded fund’s stock after selling 165 shares during the period. Lion Street Advisors LLC’s holdings in SPDR Gold Shares were worth $1,241,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. MGO One Seven LLC raised its stake in shares of SPDR Gold Shares by 56.1% in the 2nd quarter. MGO One Seven LLC now owns 64,674 shares of the exchange traded fund’s stock worth $19,714,000 after buying an additional 23,235 shares in the last quarter. Welch Group LLC raised its stake in shares of SPDR Gold Shares by 4.6% in the 2nd quarter. Welch Group LLC now owns 7,944 shares of the exchange traded fund’s stock worth $2,422,000 after buying an additional 348 shares in the last quarter. Pathway Financial Advisors LLC bought a new stake in shares of SPDR Gold Shares in the 2nd quarter worth $210,000. Cypress Capital Group raised its stake in shares of SPDR Gold Shares by 12.6% in the 2nd quarter. Cypress Capital Group now owns 3,064 shares of the exchange traded fund’s stock worth $934,000 after buying an additional 344 shares in the last quarter. Finally, Bill Few Associates Inc. bought a new stake in shares of SPDR Gold Shares in the 2nd quarter worth $211,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

GLD opened at $369.12 on Monday. SPDR Gold Shares has a one year low of $236.13 and a one year high of $373.57. The stock’s fifty day moving average is $330.80 and its 200-day moving average is $313.00. The company has a market capitalization of $130.82 billion, a PE ratio of -32.43 and a beta of 0.15.

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).