Pureheart Capital Pte Ltd. Sells 220,000 Shares of SPDR Gold Shares $GLD

Pureheart Capital Pte Ltd. cut its stake in SPDR Gold Shares (NYSEARCA:GLD) by 18.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,005,000 shares of the exchange traded fund’s stock after selling 220,000 shares during the period. SPDR Gold Shares comprises about 50.6% of Pureheart Capital Pte Ltd.’s holdings, making the stock its largest holding. Pureheart Capital Pte Ltd.’s holdings in SPDR Gold Shares were worth $306,354,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. TPG Advisors LLC grew its position in shares of SPDR Gold Shares by 2.6% during the second quarter. TPG Advisors LLC now owns 1,291 shares of the exchange traded fund’s stock worth $394,000 after buying an additional 33 shares in the last quarter. Tsfg LLC lifted its stake in SPDR Gold Shares by 0.9% in the second quarter. Tsfg LLC now owns 3,623 shares of the exchange traded fund’s stock worth $1,104,000 after acquiring an additional 33 shares during the last quarter. Seeds Investor LLC grew its holdings in SPDR Gold Shares by 3.5% during the 2nd quarter. Seeds Investor LLC now owns 976 shares of the exchange traded fund’s stock worth $298,000 after acquiring an additional 33 shares in the last quarter. Mather Group LLC. grew its holdings in 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 worth $593,000 after acquiring an additional 34 shares in the last quarter. Finally, Vermillion & White Wealth Management Group LLC increased its position in shares of SPDR Gold Shares by 8.5% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 432 shares of the exchange traded fund’s stock valued at $132,000 after purchasing an additional 34 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.6%

Shares of GLD opened at $395.44 on Monday. The firm has a market capitalization of $143.11 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. The firm’s fifty day simple moving average is $378.47 and its 200-day simple moving average is $338.80. SPDR Gold Shares has a twelve month low of $238.73 and a twelve month 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).