SPDR Gold Shares $GLD Stake Raised by Moors & Cabot Inc.

Moors & Cabot Inc. grew its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,585 shares of the exchange traded fund’s stock after buying an additional 187 shares during the period. Moors & Cabot Inc.’s holdings in SPDR Gold Shares were worth $4,446,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Brighton Jones LLC grew its position in SPDR Gold Shares by 20.4% during the 4th 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 in the last quarter. Bison Wealth LLC lifted its position in SPDR Gold Shares by 77.8% during the 4th quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock worth $1,438,000 after acquiring an additional 2,600 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in SPDR Gold Shares by 9.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 1,217,861 shares of the exchange traded fund’s stock worth $350,914,000 after acquiring an additional 106,648 shares during the last quarter. Callan Capital LLC bought a new position in shares of SPDR Gold Shares during the 1st quarter worth about $232,000. Finally, Financial Counselors Inc. increased its holdings in shares of SPDR Gold Shares by 13.5% during the 1st quarter. Financial Counselors Inc. now owns 20,066 shares of the exchange traded fund’s stock worth $5,782,000 after purchasing an additional 2,380 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

NYSEARCA:GLD opened at $362.32 on Wednesday. The company has a market cap of $131.12 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. The firm’s 50-day moving average is $353.79 and its 200-day moving average is $323.63. SPDR Gold Shares has a 52-week low of $236.13 and a 52-week high of $403.30.

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).