Princeton Capital Management LLC Purchases Shares of 723 SPDR Gold Shares $GLD

Princeton Capital Management LLC bought a new position in SPDR Gold Shares (NYSEARCA:GLD) in the second quarter, Holdings Channel.com reports. The firm bought 723 shares of the exchange traded fund’s stock, valued at approximately $220,000.

A number of other large investors also recently bought and sold shares of the stock. American National Bank & Trust boosted its stake in SPDR Gold Shares by 52.4% during the second quarter. American National Bank & Trust now owns 291 shares of the exchange traded fund’s stock worth $89,000 after buying an additional 100 shares during the last quarter. StrongBox Wealth LLC lifted its position in shares of SPDR Gold Shares by 10.1% during the 2nd quarter. StrongBox Wealth LLC now owns 1,487 shares of the exchange traded fund’s stock worth $453,000 after purchasing an additional 136 shares during the last quarter. Beaumont Financial Advisors LLC raised its holdings in SPDR Gold Shares by 6.5% during the second quarter. Beaumont Financial Advisors LLC now owns 3,509 shares of the exchange traded fund’s stock worth $1,070,000 after purchasing an additional 215 shares in the last quarter. TD Private Client Wealth LLC lifted its holdings in shares of SPDR Gold Shares by 14.6% in the 2nd quarter. TD Private Client Wealth LLC now owns 51,235 shares of the exchange traded fund’s stock valued at $15,618,000 after purchasing an additional 6,540 shares during the last quarter. Finally, ST Germain D J Co. Inc. grew its position in SPDR Gold Shares by 151.5% during the 2nd quarter. ST Germain D J Co. Inc. now owns 1,386 shares of the exchange traded fund’s stock worth $422,000 after purchasing an additional 835 shares during the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

Shares of SPDR Gold Shares stock opened at $366.07 on Friday. SPDR Gold Shares has a one year low of $236.13 and a one year high of $403.30. The firm has a fifty day moving average of $355.89 and a two-hundred day moving average of $324.23. The company has a market cap of $132.48 billion, a P/E ratio of -32.43 and a beta of 0.09.

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).