SPDR Gold Shares $GLD Shares Purchased by Luminist Capital LLC

Luminist Capital LLC increased its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 93.8% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 21,348 shares of the exchange traded fund’s stock after buying an additional 10,332 shares during the quarter. SPDR Gold Shares comprises 6.5% of Luminist Capital LLC’s investment portfolio, making the stock its 4th biggest holding. Luminist Capital LLC’s holdings in SPDR Gold Shares were worth $6,541,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GLD. Laurel Wealth Advisors LLC grew its position in shares of SPDR Gold Shares by 31,232.8% during the second quarter. Laurel Wealth Advisors LLC now owns 2,922,406 shares of the exchange traded fund’s stock worth $890,837,000 after acquiring an additional 2,913,079 shares during the last quarter. Raymond James Financial Inc. boosted its stake in SPDR Gold Shares by 11.0% during the 1st quarter. Raymond James Financial Inc. now owns 2,063,634 shares of the exchange traded fund’s stock worth $594,616,000 after purchasing an additional 204,676 shares during the period. Ameriprise Financial Inc. boosted its stake in SPDR Gold Shares by 12.2% during the 1st quarter. Ameriprise Financial Inc. now owns 1,556,698 shares of the exchange traded fund’s stock worth $450,902,000 after purchasing an additional 169,005 shares during the period. 59 North Capital Management LP grew its position in 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 last quarter. Finally, Rockefeller Capital Management L.P. increased its stake in SPDR Gold Shares by 15.4% in the second quarter. Rockefeller Capital Management L.P. now owns 854,436 shares of the exchange traded fund’s stock valued at $260,458,000 after purchasing an additional 114,028 shares during the period. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA:GLD opened at $387.24 on Wednesday. SPDR Gold Shares has a one year low of $238.73 and a one year high of $403.30. The stock has a market capitalization of $140.14 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. The company has a 50-day simple moving average of $372.47 and a 200-day simple moving average of $334.06.

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).