SPDR Gold Shares $GLD Stock Position Lowered by Northside Capital Management LLC

Northside Capital Management LLC decreased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 9.6% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 172,338 shares of the exchange traded fund’s stock after selling 18,309 shares during the period. SPDR Gold Shares makes up about 5.6% of Northside Capital Management LLC’s portfolio, making the stock its 2nd biggest holding. Northside Capital Management LLC’s holdings in SPDR Gold Shares were worth $61,261,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. American National Bank & Trust lifted its holdings in SPDR Gold Shares by 52.4% in the 2nd quarter. American National Bank & Trust now owns 291 shares of the exchange traded fund’s stock worth $89,000 after buying an additional 100 shares in the last quarter. StrongBox Wealth LLC grew its stake in shares of SPDR Gold Shares by 10.1% during the second quarter. StrongBox Wealth LLC now owns 1,487 shares of the exchange traded fund’s stock valued at $453,000 after acquiring an additional 136 shares in the last quarter. Beaumont Financial Advisors LLC increased its position in shares of SPDR Gold Shares by 6.5% during the second quarter. Beaumont Financial Advisors LLC now owns 3,509 shares of the exchange traded fund’s stock worth $1,070,000 after acquiring an additional 215 shares during the last quarter. TD Private Client Wealth LLC lifted its stake in shares of SPDR Gold Shares by 14.6% in the second quarter. TD Private Client Wealth LLC now owns 51,235 shares of the exchange traded fund’s stock worth $15,618,000 after acquiring an additional 6,540 shares in the last quarter. Finally, ST Germain D J Co. Inc. boosted its holdings in SPDR Gold Shares by 151.5% in the second quarter. ST Germain D J Co. Inc. now owns 1,386 shares of the exchange traded fund’s stock valued at $422,000 after purchasing an additional 835 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Up 0.0%

GLD stock opened at $395.89 on Wednesday. The stock’s 50 day moving average is $379.69 and its two-hundred day moving average is $340.08. SPDR Gold Shares has a 52-week low of $238.73 and a 52-week high of $403.30. The company has a market capitalization of $143.27 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).