Personal Resources Investment & Strategic Management Inc. Purchases Shares of 1,632 SPDR Gold Shares (NYSEARCA:GLD)

Personal Resources Investment & Strategic Management Inc. purchased a new stake in SPDR Gold Shares (NYSEARCA:GLD) in the 2nd quarter, Holdings Channel.com reports. The fund purchased 1,632 shares of the exchange traded fund’s stock, valued at approximately $217,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Weaver Consulting Group increased its holdings in shares of SPDR Gold Shares by 0.6% during the 2nd quarter. Weaver Consulting Group now owns 13,838 shares of the exchange traded fund’s stock worth $1,843,000 after buying an additional 77 shares during the last quarter. Pegasus Asset Management Inc. increased its holdings in shares of SPDR Gold Shares by 1.4% during the 2nd quarter. Pegasus Asset Management Inc. now owns 5,634 shares of the exchange traded fund’s stock worth $750,000 after buying an additional 77 shares during the last quarter. Grandview Asset Management LLC increased its holdings in shares of SPDR Gold Shares by 1.9% during the 1st quarter. Grandview Asset Management LLC now owns 5,058 shares of the exchange traded fund’s stock worth $617,000 after buying an additional 94 shares during the last quarter. Clearbridge Investments LLC increased its holdings in shares of SPDR Gold Shares by 2.3% during the 1st quarter. Clearbridge Investments LLC now owns 4,535 shares of the exchange traded fund’s stock worth $553,000 after buying an additional 100 shares during the last quarter. Finally, Lakeview Capital Partners LLC increased its holdings in shares of SPDR Gold Shares by 1.8% during the 1st quarter. Lakeview Capital Partners LLC now owns 6,243 shares of the exchange traded fund’s stock worth $762,000 after buying an additional 110 shares during the last quarter.

SPDR Gold Shares stock traded down $0.37 during trading on Thursday, reaching $141.39. 619,348 shares of the company’s stock were exchanged, compared to its average volume of 8,923,546. The company’s 50-day moving average is $136.46 and its two-hundred day moving average is $126.94. SPDR Gold Shares has a 52-week low of $111.85 and a 52-week high of $144.02.

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).

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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