SPDR Gold Shares $GLD is Vigilare Wealth Management’s 2nd Largest Position

Vigilare Wealth Management raised its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 17.9% in the third quarter, HoldingsChannel reports. The firm owned 79,584 shares of the exchange traded fund’s stock after buying an additional 12,097 shares during the quarter. SPDR Gold Shares makes up 9.8% of Vigilare Wealth Management’s investment portfolio, making the stock its 2nd biggest position. Vigilare Wealth Management’s holdings in SPDR Gold Shares were worth $28,290,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. Chapman Financial Group LLC bought a new stake in SPDR Gold Shares in the second quarter valued at $26,000. Traub Capital Management LLC bought a new stake in shares of SPDR Gold Shares during the 2nd quarter valued at about $34,000. Kilter Group LLC bought a new stake in shares of SPDR Gold Shares during the 2nd quarter valued at about $34,000. Legacy Wealth Managment LLC ID raised its stake in 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 buying an additional 46 shares in the last quarter. Finally, First Command Advisory Services Inc. bought a new stake in SPDR Gold Shares during the 2nd quarter valued at approximately $43,000. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA:GLD opened at $395.44 on Monday. The firm has a market capitalization of $143.11 billion, a P/E ratio of -32.43 and a beta of 0.09. The stock has a 50 day moving average price of $378.47 and a 200-day moving average price of $338.80. SPDR Gold Shares has a 52-week low of $238.73 and a 52-week high of $403.30.

SPDR Gold Shares 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).