SPDR Gold Shares $GLD Shares Sold by Lionsbridge Wealth Management LLC

Lionsbridge Wealth Management LLC lowered its stake in SPDR Gold Shares (NYSEARCA:GLD) by 3.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,056 shares of the exchange traded fund’s stock after selling 252 shares during the quarter. SPDR Gold Shares comprises about 2.1% of Lionsbridge Wealth Management LLC’s portfolio, making the stock its 13th biggest holding. Lionsbridge Wealth Management LLC’s holdings in SPDR Gold Shares were worth $2,151,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of GLD. Brighton Jones LLC lifted its holdings in SPDR Gold Shares by 20.4% in the fourth quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock worth $2,723,000 after purchasing an additional 1,903 shares during the period. Bison Wealth LLC lifted its holdings in SPDR Gold Shares by 77.8% in the fourth quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock worth $1,438,000 after purchasing an additional 2,600 shares during the period. GAMMA Investing LLC lifted its holdings in SPDR Gold Shares by 226.0% in the first quarter. GAMMA Investing LLC now owns 577 shares of the exchange traded fund’s stock worth $166,000 after purchasing an additional 400 shares during the period. First Bancorp Inc ME lifted its holdings in SPDR Gold Shares by 5.2% in the first quarter. First Bancorp Inc ME now owns 2,610 shares of the exchange traded fund’s stock worth $752,000 after purchasing an additional 130 shares during the period. Finally, Prairie Wealth Advisors Inc. lifted its holdings in SPDR Gold Shares by 1.5% in the first quarter. Prairie Wealth Advisors Inc. now owns 39,767 shares of the exchange traded fund’s stock worth $11,459,000 after purchasing an additional 598 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 3.6%

GLD stock opened at $403.15 on Tuesday. SPDR Gold Shares has a fifty-two week low of $236.13 and a fifty-two week high of $403.30. The company has a market capitalization of $144.01 billion, a P/E ratio of -32.43 and a beta of 0.15. The company has a 50-day simple moving average of $340.15 and a 200 day simple moving average of $317.34.

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).