SPDR Gold Shares $GLD Stock Position Decreased by Strategies Wealth Advisors LLC

Strategies Wealth Advisors LLC trimmed its position in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 36.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,797 shares of the exchange traded fund’s stock after selling 1,586 shares during the quarter. Strategies Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $994,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in GLD. Chapman Financial Group LLC bought a new stake in SPDR Gold Shares in the second quarter worth approximately $26,000. Hopwood Financial Services Inc. bought a new position in shares of SPDR Gold Shares during the 3rd quarter valued at $27,000. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of SPDR Gold Shares in the 3rd quarter valued at $31,000. Traub Capital Management LLC bought a new stake in SPDR Gold Shares in the second quarter worth $34,000. Finally, Kilter Group LLC bought a new stake in SPDR Gold Shares in the second quarter worth $34,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

NYSEARCA GLD opened at $483.75 on Friday. SPDR Gold Shares has a fifty-two week low of $261.25 and a fifty-two week high of $509.70. The stock’s 50-day moving average is $440.84 and its two-hundred day moving average is $387.98. The firm has a market cap of $183.87 billion, a P/E ratio of -32.43 and a beta of 0.09.

More SPDR Gold Shares News

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SPDR Gold Shares Profile

(Free Report)

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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

See Also

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

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