American Capital Advisory LLC Has $1.41 Million Stake in SPDR Gold Shares $GLD

American Capital Advisory LLC lowered its position in SPDR Gold Shares (NYSEARCA:GLD) by 10.3% during the second quarter, Holdings Channel reports. The firm owned 4,638 shares of the exchange traded fund’s stock after selling 530 shares during the period. American Capital Advisory LLC’s holdings in SPDR Gold Shares were worth $1,414,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Principal Securities Inc. lifted its position in shares of SPDR Gold Shares by 0.3% in the 1st quarter. Principal Securities Inc. now owns 10,301 shares of the exchange traded fund’s stock worth $2,968,000 after purchasing an additional 33 shares during the period. TPG Advisors LLC lifted its position in shares of SPDR Gold Shares by 2.6% during the 2nd quarter. TPG Advisors LLC now owns 1,291 shares of the exchange traded fund’s stock valued at $394,000 after acquiring an additional 33 shares during the period. Tsfg LLC lifted its position in shares of SPDR Gold Shares by 0.9% during the 2nd quarter. Tsfg LLC now owns 3,623 shares of the exchange traded fund’s stock valued at $1,104,000 after acquiring an additional 33 shares during the period. Mather Group LLC. lifted its position in shares of SPDR Gold Shares by 1.8% during the 2nd quarter. Mather Group LLC. now owns 1,946 shares of the exchange traded fund’s stock valued at $593,000 after acquiring an additional 34 shares during the period. Finally, Pinnacle Associates Ltd. lifted its position in shares of 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. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.2%

SPDR Gold Shares stock opened at $368.78 on Tuesday. SPDR Gold Shares has a 12-month low of $236.13 and a 12-month high of $403.30. The firm’s fifty day moving average is $352.79 and its 200 day moving average is $323.24. The company has a market capitalization of $133.46 billion, a PE ratio of -32.43 and a beta of 0.09.

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).