Nicholson Wealth Management Group LLC lifted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 5.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,755 shares of the exchange traded fund’s stock after buying an additional 179 shares during the period. Nicholson Wealth Management Group LLC’s holdings in SPDR Gold Shares were worth $1,145,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of SPDR Gold Shares in the first quarter worth $30,000. Stone House Investment Management LLC bought a new stake in shares of SPDR Gold Shares in the first quarter worth $34,000. Columbia River Financial Group LLC bought a new stake in shares of SPDR Gold Shares in the first quarter worth $34,000. Legacy Wealth Managment LLC ID grew its stake in shares of SPDR Gold Shares by 51.1% in the first quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 46 shares during the last quarter. Finally, HWG Holdings LP bought a new stake in shares of SPDR Gold Shares in the first quarter worth $53,000. Institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Stock Down 1.9%
Shares of SPDR Gold Shares stock opened at $388.99 on Friday. SPDR Gold Shares has a twelve month low of $236.13 and a twelve month high of $397.28. The stock has a market cap of $138.21 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15. The company’s fifty day moving average is $338.26 and its 200 day moving average is $316.08.
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).
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