SPDR Gold Shares $GLD Shares Bought by Hamel Associates Inc.

Hamel Associates Inc. lifted its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 17,886 shares of the exchange traded fund’s stock after purchasing an additional 228 shares during the period. SPDR Gold Shares comprises about 1.8% of Hamel Associates Inc.’s holdings, making the stock its 25th largest position. Hamel Associates Inc.’s holdings in SPDR Gold Shares were worth $5,452,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. TPG Advisors LLC lifted its stake 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 valued at $394,000 after buying an additional 33 shares during the last quarter. Tsfg LLC grew its position in shares of SPDR Gold Shares by 0.9% during the second quarter. Tsfg LLC now owns 3,623 shares of the exchange traded fund’s stock worth $1,104,000 after acquiring an additional 33 shares during the last quarter. Seeds Investor LLC increased its holdings in shares of SPDR Gold Shares by 3.5% in the 2nd quarter. Seeds Investor LLC now owns 976 shares of the exchange traded fund’s stock valued at $298,000 after acquiring an additional 33 shares during the period. Mather Group LLC. increased its holdings in shares of SPDR Gold Shares by 1.8% in the 2nd 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. Finally, Vermillion & White Wealth Management Group LLC raised its position in SPDR Gold Shares by 8.5% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 432 shares of the exchange traded fund’s stock valued at $132,000 after purchasing an additional 34 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 $387.88 on Friday. SPDR Gold Shares has a 1 year low of $238.73 and a 1 year high of $403.30. The company has a market capitalization of $140.37 billion, a P/E ratio of -32.43 and a beta of 0.09. The company’s fifty day moving average is $370.76 and its two-hundred day moving average is $332.48.

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).