SPDR Gold Shares $GLD Shares Sold by Proactive Wealth Strategies LLC

Proactive Wealth Strategies LLC decreased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 78.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 968 shares of the exchange traded fund’s stock after selling 3,609 shares during the period. Proactive Wealth Strategies LLC’s holdings in SPDR Gold Shares were worth $295,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in GLD. Kilter Group LLC bought a new position in shares of SPDR Gold Shares in the second quarter valued at approximately $34,000. Traub Capital Management LLC bought a new position in SPDR Gold Shares during the 2nd quarter valued at $34,000. Stone House Investment Management LLC acquired a new position in shares of SPDR Gold Shares during the 1st quarter valued at $34,000. Legacy Wealth Managment LLC ID increased its position in shares of SPDR Gold Shares by 51.1% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 46 shares during the period. Finally, First Command Advisory Services Inc. bought a new stake in shares of SPDR Gold Shares in the 2nd quarter worth $43,000. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Up 0.1%

Shares of SPDR Gold Shares stock opened at $387.13 on Friday. The business has a fifty day simple moving average of $374.19 and a 200-day simple moving average of $334.79. SPDR Gold Shares has a fifty-two week low of $238.73 and a fifty-two week high of $403.30. The firm has a market cap of $140.10 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09.

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).