Symmetry Investments LP Buys Shares of 3,300 SPDR Gold Shares (NYSEARCA:GLD)

Symmetry Investments LP purchased a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,300 shares of the exchange traded fund’s stock, valued at approximately $710,000.

Several other institutional investors have also recently made changes to their positions in GLD. Ballast Inc. grew its holdings in shares of SPDR Gold Shares by 3.6% during the second quarter. Ballast Inc. now owns 1,295 shares of the exchange traded fund’s stock worth $278,000 after buying an additional 45 shares in the last quarter. Burkett Financial Services LLC lifted its stake in SPDR Gold Shares by 9.9% in the 2nd quarter. Burkett Financial Services LLC now owns 512 shares of the exchange traded fund’s stock worth $110,000 after purchasing an additional 46 shares in the last quarter. CCG Wealth Management LLC boosted its holdings in shares of SPDR Gold Shares by 1.2% during the 2nd quarter. CCG Wealth Management LLC now owns 4,001 shares of the exchange traded fund’s stock worth $860,000 after purchasing an additional 46 shares during the last quarter. Apollon Financial LLC grew its position in shares of SPDR Gold Shares by 1.7% in the second quarter. Apollon Financial LLC now owns 2,809 shares of the exchange traded fund’s stock valued at $604,000 after purchasing an additional 47 shares in the last quarter. Finally, KG&L Capital Management LLC increased its holdings in shares of SPDR Gold Shares by 2.2% in the first quarter. KG&L Capital Management LLC now owns 2,205 shares of the exchange traded fund’s stock valued at $454,000 after purchasing an additional 48 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of GLD opened at $242.21 on Friday. SPDR Gold Shares has a 12-month low of $168.30 and a 12-month high of $242.63. The firm has a 50-day moving average price of $228.91 and a 200 day moving average price of $218.86.

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).