SPDR Gold Shares $GLD Shares Purchased by NFP Retirement Inc.

NFP Retirement Inc. grew its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 102.1% during the second quarter, HoldingsChannel reports. The institutional investor owned 10,397 shares of the exchange traded fund’s stock after buying an additional 5,252 shares during the quarter. NFP Retirement Inc.’s holdings in SPDR Gold Shares were worth $3,169,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also made changes to their positions in GLD. American National Bank & Trust raised its holdings in shares of SPDR Gold Shares by 52.4% during the second quarter. American National Bank & Trust now owns 291 shares of the exchange traded fund’s stock worth $89,000 after purchasing an additional 100 shares during the period. StrongBox Wealth LLC boosted its holdings in shares of SPDR Gold Shares by 10.1% in the 2nd quarter. StrongBox Wealth LLC now owns 1,487 shares of the exchange traded fund’s stock valued at $453,000 after buying an additional 136 shares during the period. Beaumont Financial Advisors LLC grew its position in shares of SPDR Gold Shares by 6.5% during the 2nd quarter. Beaumont Financial Advisors LLC now owns 3,509 shares of the exchange traded fund’s stock valued at $1,070,000 after buying an additional 215 shares during the last quarter. TD Private Client Wealth LLC raised its stake in SPDR Gold Shares by 14.6% during the second quarter. TD Private Client Wealth LLC now owns 51,235 shares of the exchange traded fund’s stock worth $15,618,000 after acquiring an additional 6,540 shares during the period. Finally, ST Germain D J Co. Inc. lifted its holdings in SPDR Gold Shares by 151.5% in the second quarter. ST Germain D J Co. Inc. now owns 1,386 shares of the exchange traded fund’s stock worth $422,000 after acquiring an additional 835 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Trading Up 0.2%

NYSEARCA:GLD opened at $374.96 on Thursday. The stock has a 50 day moving average of $364.70 and a 200-day moving average of $328.83. The firm has a market capitalization of $135.70 billion, a PE ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 52 week low of $238.73 and a 52 week high of $403.30.

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).