SPDR Gold Shares (NYSEARCA:GLD) Stock Position Increased by Hamilton Wealth LLC

Hamilton Wealth LLC boosted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.2% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 54,343 shares of the exchange traded fund’s stock after buying an additional 642 shares during the period. SPDR Gold Shares makes up approximately 5.3% of Hamilton Wealth LLC’s holdings, making the stock its 4th largest holding. Hamilton Wealth LLC’s holdings in SPDR Gold Shares were worth $7,238,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in GLD. First Allied Advisory Services Inc. increased its stake in SPDR Gold Shares by 30.4% in the first quarter. First Allied Advisory Services Inc. now owns 38,150 shares of the exchange traded fund’s stock worth $4,656,000 after purchasing an additional 8,905 shares during the period. Capital Investment Advisors LLC increased its stake in SPDR Gold Shares by 2.1% in the second quarter. Capital Investment Advisors LLC now owns 10,906 shares of the exchange traded fund’s stock worth $1,453,000 after purchasing an additional 225 shares during the period. AdvisorNet Financial Inc increased its stake in SPDR Gold Shares by 2.4% in the first quarter. AdvisorNet Financial Inc now owns 52,428 shares of the exchange traded fund’s stock worth $6,397,000 after purchasing an additional 1,226 shares during the period. Covenant Multifamily Offices LLC increased its stake in SPDR Gold Shares by 274.9% in the second quarter. Covenant Multifamily Offices LLC now owns 9,184 shares of the exchange traded fund’s stock worth $1,223,000 after purchasing an additional 6,734 shares during the period. Finally, Maryland Capital Management increased its stake in SPDR Gold Shares by 125.6% in the first quarter. Maryland Capital Management now owns 16,073 shares of the exchange traded fund’s stock worth $1,961,000 after purchasing an additional 8,949 shares during the period.

Shares of SPDR Gold Shares stock traded down $0.24 during trading on Thursday, hitting $141.52. 501,459 shares of the stock traded hands, compared to its average volume of 8,923,546. SPDR Gold Shares has a 52-week low of $111.85 and a 52-week high of $144.02. The stock’s fifty day simple moving average is $136.46 and its 200 day simple moving average is $126.94.

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).

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

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