SPDR Gold Shares $GLD Position Raised by Fullerton Fund Management Co Ltd.

Fullerton Fund Management Co Ltd. lifted its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 85.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 256,732 shares of the exchange traded fund’s stock after purchasing an additional 118,455 shares during the quarter. SPDR Gold Shares accounts for approximately 3.2% of Fullerton Fund Management Co Ltd.’s portfolio, making the stock its 9th largest holding. Fullerton Fund Management Co Ltd.’s holdings in SPDR Gold Shares were worth $78,260,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Traub Capital Management LLC acquired a new stake in SPDR Gold Shares during the second quarter valued at $34,000. Kilter Group LLC purchased a new stake in shares of SPDR Gold Shares during the 2nd quarter worth about $34,000. Legacy Wealth Managment LLC ID grew its position in shares of SPDR Gold Shares by 51.1% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 46 shares during the period. First Command Advisory Services Inc. purchased a new position in shares of SPDR Gold Shares in the 2nd quarter valued at about $43,000. Finally, Decker Retirement Planning Inc. raised its holdings in SPDR Gold Shares by 358.8% in the 2nd quarter. Decker Retirement Planning Inc. now owns 156 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 122 shares during the period. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Up 0.6%

Shares of GLD stock opened at $395.44 on Friday. SPDR Gold Shares has a 12-month low of $238.73 and a 12-month high of $403.30. The business’s 50 day moving average is $378.47 and its two-hundred day moving average is $338.31. The company has a market capitalization of $143.11 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).