13,000 Shares in SPDR Gold Shares (NYSEARCA:GLD) Purchased by Horseman Capital Management Ltd

Horseman Capital Management Ltd purchased a new position in SPDR Gold Shares (NYSEARCA:GLD) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 13,000 shares of the exchange traded fund’s stock, valued at approximately $1,732,000. SPDR Gold Shares makes up 1.1% of Horseman Capital Management Ltd’s investment portfolio, making the stock its 19th largest holding.

Other large investors have also bought and sold shares of the company. Archford Capital Strategies LLC bought a new stake in SPDR Gold Shares during the second quarter worth about $25,000. Live Your Vision LLC grew its stake in SPDR Gold Shares by 263.5% during the first quarter. Live Your Vision LLC now owns 229 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 166 shares during the last quarter. Howe & Rusling Inc. grew its stake in SPDR Gold Shares by 81.8% during the first quarter. Howe & Rusling Inc. now owns 289 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 130 shares during the last quarter. Burt Wealth Advisors grew its stake in SPDR Gold Shares by 800.0% during the first quarter. Burt Wealth Advisors now owns 315 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 280 shares during the last quarter. Finally, Icon Wealth Partners LLC bought a new stake in SPDR Gold Shares during the first quarter worth about $47,000.

Shares of SPDR Gold Shares stock opened at $137.99 on Monday. SPDR Gold Shares has a 1-year low of $111.06 and a 1-year high of $136.63. The business’s 50-day moving average price is $132.53.

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).

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

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