Gainplan LLC Sells 175 Shares of SPDR Gold Shares $GLD

Gainplan LLC decreased its position in SPDR Gold Shares (NYSEARCA:GLD) by 16.7% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 874 shares of the exchange traded fund’s stock after selling 175 shares during the quarter. Gainplan LLC’s holdings in SPDR Gold Shares were worth $266,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in GLD. Brighton Jones LLC grew its stake in shares of SPDR Gold Shares by 20.4% in the 4th quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock valued at $2,723,000 after buying an additional 1,903 shares in the last quarter. Bison Wealth LLC grew its stake in shares of SPDR Gold Shares by 77.8% in the 4th quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock valued at $1,438,000 after buying an additional 2,600 shares in the last quarter. Miracle Mile Advisors LLC grew its stake in shares of SPDR Gold Shares by 15.9% in the 1st quarter. Miracle Mile Advisors LLC now owns 5,811 shares of the exchange traded fund’s stock valued at $1,674,000 after buying an additional 796 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of SPDR Gold Shares by 175.4% in the 1st quarter. Farther Finance Advisors LLC now owns 15,790 shares of the exchange traded fund’s stock valued at $4,541,000 after buying an additional 10,057 shares in the last quarter. Finally, Pallas Capital Advisors LLC grew its stake in shares of SPDR Gold Shares by 12.3% in the 1st quarter. Pallas Capital Advisors LLC now owns 3,471 shares of the exchange traded fund’s stock valued at $1,000,000 after buying an additional 379 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA GLD opened at $366.26 on Wednesday. The stock has a market cap of $130.32 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15. The business has a 50 day simple moving average of $326.92 and a 200 day simple moving average of $310.89. SPDR Gold Shares has a 52 week low of $236.13 and a 52 week high of $367.27.

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).