SPDR Gold Shares $GLD Shares Acquired by Annex Advisory Services LLC

Annex Advisory Services LLC raised its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 16.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,996 shares of the exchange traded fund’s stock after purchasing an additional 275 shares during the quarter. Annex Advisory Services LLC’s holdings in SPDR Gold Shares were worth $608,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the stock. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of SPDR Gold Shares in the first quarter worth $30,000. Columbia River Financial Group LLC acquired a new stake in shares of SPDR Gold Shares in the first quarter worth $34,000. Stone House Investment Management LLC acquired a new stake in shares of SPDR Gold Shares in the first quarter worth $34,000. Legacy Wealth Managment LLC ID increased its stake in shares of SPDR Gold Shares by 51.1% in the first quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 46 shares during the period. Finally, HWG Holdings LP acquired a new stake in shares of SPDR Gold Shares in the first quarter worth $53,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

NYSEARCA:GLD opened at $339.18 on Monday. The firm has a market capitalization of $113.08 billion, a P/E ratio of -32.43 and a beta of 0.15. SPDR Gold Shares has a 1-year low of $236.13 and a 1-year high of $341.24. The company’s fifty day moving average price is $316.45 and its 200-day moving average price is $304.59.

SPDR Gold Shares Company 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).