Intrua Financial LLC Purchases 6,509 Shares of SPDR Gold Shares $GLD

Intrua Financial LLC raised its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 8.5% in the second quarter, Holdings Channel.com reports. The fund owned 83,232 shares of the exchange traded fund’s stock after buying an additional 6,509 shares during the quarter. SPDR Gold Shares comprises approximately 3.4% of Intrua Financial LLC’s holdings, making the stock its 7th largest position. Intrua Financial LLC’s holdings in SPDR Gold Shares were worth $25,372,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. 59 North Capital Management LP grew its holdings in shares of SPDR Gold Shares by 76.4% during the 1st quarter. 59 North Capital Management LP now owns 1,263,196 shares of the exchange traded fund’s stock worth $363,977,000 after purchasing an additional 547,018 shares during the period. Kingstone Capital Partners Texas LLC purchased a new position in SPDR Gold Shares in the second quarter valued at approximately $120,429,000. TD Asset Management Inc lifted its position in SPDR Gold Shares by 108.4% during the second quarter. TD Asset Management Inc now owns 685,151 shares of the exchange traded fund’s stock valued at $208,855,000 after buying an additional 356,401 shares in the last quarter. Raymond James Financial Inc. grew its stake in SPDR Gold Shares by 11.0% during the first quarter. Raymond James Financial Inc. now owns 2,063,634 shares of the exchange traded fund’s stock worth $594,616,000 after buying an additional 204,676 shares during the period. Finally, Northside Capital Management LLC grew its stake in SPDR Gold Shares by 12,058.6% during the second quarter. Northside Capital Management LLC now owns 190,647 shares of the exchange traded fund’s stock worth $58,115,000 after buying an additional 189,079 shares during the period. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Down 0.8%

SPDR Gold Shares stock opened at $382.87 on Friday. The firm has a fifty day moving average of $361.47 and a 200-day moving average of $326.67. SPDR Gold Shares has a 52-week low of $236.13 and a 52-week high of $403.30. The firm has a market capitalization of $138.56 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).