Taylor & Morgan Wealth Management LLC Has $945,000 Stock Holdings in SPDR Gold Shares $GLD

Taylor & Morgan Wealth Management LLC boosted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 8.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,099 shares of the exchange traded fund’s stock after purchasing an additional 230 shares during the period. SPDR Gold Shares accounts for about 0.6% of Taylor & Morgan Wealth Management LLC’s investment portfolio, making the stock its 26th biggest holding. Taylor & Morgan Wealth Management LLC’s holdings in SPDR Gold Shares were worth $945,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Principal Securities Inc. boosted its position in SPDR Gold Shares by 0.3% during the first quarter. Principal Securities Inc. now owns 10,301 shares of the exchange traded fund’s stock valued at $2,968,000 after purchasing an additional 33 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its stake in SPDR Gold Shares by 6.6% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 568 shares of the exchange traded fund’s stock valued at $164,000 after acquiring an additional 35 shares during the last quarter. Pinnacle Associates Ltd. lifted its stake in SPDR Gold Shares by 0.3% in the first quarter. Pinnacle Associates Ltd. now owns 11,762 shares of the exchange traded fund’s stock valued at $3,389,000 after acquiring an additional 35 shares during the last quarter. FourThought Financial Partners LLC lifted its stake in SPDR Gold Shares by 3.5% in the first quarter. FourThought Financial Partners LLC now owns 1,036 shares of the exchange traded fund’s stock valued at $299,000 after acquiring an additional 35 shares during the last quarter. Finally, Stewardship Advisors LLC lifted its stake in SPDR Gold Shares by 2.6% in the first quarter. Stewardship Advisors LLC now owns 1,441 shares of the exchange traded fund’s stock valued at $415,000 after acquiring an additional 36 shares during the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

Shares of GLD stock opened at $335.42 on Friday. The stock has a market cap of $111.83 billion, a P/E ratio of -32.43 and a beta of 0.15. The company has a fifty day moving average price of $313.29 and a two-hundred day moving average price of $301.86. SPDR Gold Shares has a one year low of $235.30 and a one year high of $338.31.

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).