Burns J W & Co. Inc. NY Acquires 228 Shares of SPDR Gold Shares $GLD

Burns J W & Co. Inc. NY raised its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 7.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,340 shares of the exchange traded fund’s stock after acquiring an additional 228 shares during the quarter. Burns J W & Co. Inc. NY’s holdings in SPDR Gold Shares were worth $1,018,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Principal Securities Inc. raised its holdings in SPDR Gold Shares by 0.3% during the 1st quarter. Principal Securities Inc. now owns 10,301 shares of the exchange traded fund’s stock valued at $2,968,000 after acquiring an additional 33 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its holdings in SPDR Gold Shares by 6.6% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 568 shares of the exchange traded fund’s stock valued at $164,000 after acquiring an additional 35 shares during the period. Pinnacle Associates Ltd. raised its holdings in SPDR Gold Shares by 0.3% during the 1st quarter. Pinnacle Associates Ltd. now owns 11,762 shares of the exchange traded fund’s stock valued at $3,389,000 after acquiring an additional 35 shares during the period. FourThought Financial Partners LLC raised its holdings in SPDR Gold Shares by 3.5% during the 1st quarter. FourThought Financial Partners LLC now owns 1,036 shares of the exchange traded fund’s stock valued at $299,000 after acquiring an additional 35 shares during the period. Finally, Stewardship Advisors LLC raised its holdings in SPDR Gold Shares by 2.6% during the 1st quarter. Stewardship Advisors LLC now owns 1,441 shares of the exchange traded fund’s stock valued at $415,000 after acquiring an additional 36 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $335.62 on Friday. The stock has a market cap of $111.90 billion, a P/E ratio of -32.43 and a beta of 0.15. SPDR Gold Shares has a fifty-two week low of $236.13 and a fifty-two week high of $341.24. The firm’s fifty day moving average price is $315.85 and its 200-day moving average price is $303.62.

About SPDR Gold Shares

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).