Brighton Jones LLC lifted its position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 2.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,252 shares of the exchange traded fund’s stock after acquiring an additional 234 shares during the quarter. Brighton Jones LLC’s holdings in SPDR Gold Shares were worth $2,419,000 at the end of the most recent reporting period.
Other hedge funds also recently modified their holdings of the company. Triad Wealth Partners LLC acquired a new position in SPDR Gold Shares during the 2nd quarter worth about $25,000. Northwest Investment Counselors LLC acquired a new position in SPDR Gold Shares during the 1st quarter worth about $26,000. Private Ocean LLC lifted its holdings in SPDR Gold Shares by 155.1% during the 2nd quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 76 shares during the period. Chris Bulman Inc acquired a new position in SPDR Gold Shares during the 2nd quarter worth about $29,000. Finally, Frazier Financial Advisors LLC acquired a new position in SPDR Gold Shares during the 4th quarter worth about $26,000. Institutional investors and hedge funds own 42.19% of the company’s stock.
SPDR Gold Shares Stock Up 1.3 %
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 stock’s 50-day moving average price is $228.91 and its two-hundred day moving average price is $218.86.
About SPDR Gold Shares
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).
Recommended Stories
- Five stocks we like better than SPDR Gold Shares
- The Role Economic Reports Play in a Successful Investment Strategy
- Analysts Predict 85% Upside for Wave Life Sciences After Rate Cut
- What Does Downgrade Mean in Investing?
- FedEx Stock Dips: Another Reason to Fear Recession Is Near
- How to Find Undervalued Stocks
- The Half-Penny Revolution: Will SEC’s Reform Benefit Investors?
Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.
