SPDR Gold Shares $GLD Shares Bought by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC raised its stake in SPDR Gold Shares (NYSEARCA:GLD) by 21.8% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,669 shares of the exchange traded fund’s stock after purchasing an additional 1,014 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in SPDR Gold Shares were worth $1,770,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. MJT & Associates Financial Advisory Group Inc. acquired a new position in SPDR Gold Shares in the 1st quarter worth $30,000. Stone House Investment Management LLC acquired a new position in SPDR Gold Shares in the 1st quarter worth $34,000. Columbia River Financial Group LLC acquired a new stake in shares of SPDR Gold Shares in the 1st quarter valued at about $34,000. Legacy Wealth Managment LLC ID raised its stake in shares of SPDR Gold Shares by 51.1% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 46 shares in the last quarter. Finally, HWG Holdings LP acquired a new stake in shares of SPDR Gold Shares in the 1st quarter valued at about $53,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of SPDR Gold Shares stock opened at $403.15 on Tuesday. The firm has a market cap of $144.01 billion, a PE ratio of -32.43 and a beta of 0.15. The firm’s 50-day simple moving average is $340.15 and its 200-day simple moving average is $317.34. SPDR Gold Shares has a 1 year low of $236.13 and a 1 year high of $403.30.

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).