SPDR Gold Shares $GLD Shares Bought by Impact Partnership Wealth LLC

Impact Partnership Wealth LLC raised its position in SPDR Gold Shares (NYSEARCA:GLD) by 33.6% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 45,146 shares of the exchange traded fund’s stock after acquiring an additional 11,353 shares during the quarter. SPDR Gold Shares makes up about 2.5% of Impact Partnership Wealth LLC’s holdings, making the stock its 11th largest holding. Impact Partnership Wealth LLC’s holdings in SPDR Gold Shares were worth $13,762,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in GLD. Principal Securities Inc. boosted its holdings in SPDR Gold Shares by 0.3% in the 1st quarter. Principal Securities Inc. now owns 10,301 shares of the exchange traded fund’s stock valued at $2,968,000 after purchasing an additional 33 shares in the last quarter. TPG Advisors LLC raised its position in SPDR Gold Shares by 2.6% in the second quarter. TPG Advisors LLC now owns 1,291 shares of the exchange traded fund’s stock worth $394,000 after acquiring an additional 33 shares in the last quarter. Mather Group LLC. lifted its holdings in SPDR Gold Shares by 1.8% in the second quarter. Mather Group LLC. now owns 1,946 shares of the exchange traded fund’s stock valued at $593,000 after acquiring an additional 34 shares during the period. Pinnacle Associates Ltd. grew its stake in shares of SPDR Gold Shares by 0.3% during the 1st quarter. Pinnacle Associates Ltd. now owns 11,762 shares of the exchange traded fund’s stock worth $3,389,000 after purchasing an additional 35 shares during the period. Finally, FourThought Financial Partners LLC increased its holdings in shares of SPDR Gold Shares by 3.5% in the 1st quarter. FourThought Financial Partners LLC now owns 1,036 shares of the exchange traded fund’s stock valued at $299,000 after purchasing an additional 35 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

GLD opened at $363.00 on Thursday. The company has a market cap of $133.44 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a one year low of $236.13 and a one year high of $403.30. The business’s fifty day moving average is $349.20 and its two-hundred day moving average is $321.68.

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).