SPDR Gold Shares $GLD Shares Purchased by Prospera Financial Services Inc

Prospera Financial Services Inc increased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 11.2% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 100,410 shares of the exchange traded fund’s stock after buying an additional 10,153 shares during the quarter. Prospera Financial Services Inc’s holdings in SPDR Gold Shares were worth $30,608,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of SPDR Gold Shares during the 1st quarter valued at approximately $30,000. Stone House Investment Management LLC acquired a new stake in shares of SPDR Gold Shares during the 1st quarter worth about $34,000. Legacy Wealth Managment LLC ID lifted its position in SPDR Gold Shares by 51.1% in the first quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 46 shares during the last quarter. First Command Advisory Services Inc. acquired a new position in SPDR Gold Shares during the 2nd quarter worth about $43,000. Finally, Decker Retirement Planning Inc. lifted its stake in SPDR Gold Shares by 358.8% during the 2nd quarter. Decker Retirement Planning Inc. now owns 156 shares of the exchange traded fund’s stock worth $48,000 after acquiring an additional 122 shares in the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

NYSEARCA GLD opened at $368.31 on Friday. The company has a market cap of $133.29 billion, a P/E ratio of -32.43 and a beta of 0.09. The stock has a 50-day moving average of $356.89 and a two-hundred day moving average of $324.59. SPDR Gold Shares has a 1-year low of $236.13 and a 1-year high of $403.30.

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).