75,200 Shares in SPDR Gold Shares $GLD Acquired by ADAPT Investment Managers SA

ADAPT Investment Managers SA bought a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 75,200 shares of the exchange traded fund’s stock, valued at approximately $22,923,000. SPDR Gold Shares accounts for about 0.3% of ADAPT Investment Managers SA’s holdings, making the stock its largest position.

Several other large investors have also recently added to or reduced their stakes in GLD. Brighton Jones LLC increased its stake 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 buying an additional 1,903 shares during the period. Bison Wealth LLC increased its position in shares of SPDR Gold Shares by 77.8% in the 4th quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock valued at $1,438,000 after purchasing an additional 2,600 shares during the last quarter. Harbor Capital Advisors Inc. purchased a new stake in shares of SPDR Gold Shares in the 1st quarter valued at approximately $288,000. GAMMA Investing LLC increased its position in shares of SPDR Gold Shares by 226.0% in the 1st quarter. GAMMA Investing LLC now owns 577 shares of the exchange traded fund’s stock valued at $166,000 after purchasing an additional 400 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC increased its position in shares of SPDR Gold Shares by 10.8% in the 1st quarter. GPS Wealth Strategies Group LLC now owns 1,627 shares of the exchange traded fund’s stock valued at $469,000 after purchasing an additional 158 shares during the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Up 1.0%

Shares of NYSEARCA:GLD opened at $369.12 on Friday. SPDR Gold Shares has a 52 week low of $236.13 and a 52 week high of $373.57. The company’s 50 day moving average is $330.80 and its two-hundred day moving average is $312.55. The company has a market cap of $130.59 billion, a PE ratio of -32.43 and a beta of 0.15.

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).