Rockbridge Investment Management LCC Purchases Shares of 665 SPDR Gold Shares $GLD

Rockbridge Investment Management LCC bought a new position in SPDR Gold Shares (NYSEARCA:GLD) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 665 shares of the exchange traded fund’s stock, valued at approximately $203,000.

A number of other large investors also recently modified their holdings of the company. 59 North Capital Management LP increased its position in SPDR Gold Shares by 76.4% during the 1st quarter. 59 North Capital Management LP now owns 1,263,196 shares of the exchange traded fund’s stock worth $363,977,000 after purchasing an additional 547,018 shares in the last quarter. Kingstone Capital Partners Texas LLC purchased a new stake in SPDR Gold Shares during the second quarter worth approximately $120,429,000. TD Asset Management Inc grew its stake in SPDR Gold Shares by 108.4% during the second quarter. TD Asset Management Inc now owns 685,151 shares of the exchange traded fund’s stock worth $208,855,000 after buying an additional 356,401 shares during the period. Harvard Management Co. Inc. acquired a new stake in shares of SPDR Gold Shares in the second quarter worth $101,508,000. Finally, Raymond James Financial Inc. raised its stake in shares of SPDR Gold Shares by 11.0% in the 1st quarter. Raymond James Financial Inc. now owns 2,063,634 shares of the exchange traded fund’s stock valued at $594,616,000 after acquiring an additional 204,676 shares during the period. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Down 1.1%

Shares of GLD stock opened at $371.65 on Tuesday. The company has a market cap of $134.50 billion, a PE ratio of -32.43 and a beta of 0.09. The company’s fifty day simple moving average is $363.10 and its 200-day simple moving average is $327.97. SPDR Gold Shares has a 52 week low of $238.73 and a 52 week high of $403.30.

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).