SPDR Gold Shares (NYSEARCA:GLD) Holdings Boosted by Sound View Wealth Advisors Group LLC

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Sound View Wealth Advisors Group LLC grew its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 6.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,782 shares of the exchange traded fund’s stock after purchasing an additional 165 shares during the period. Sound View Wealth Advisors Group LLC’s holdings in SPDR Gold Shares were worth $466,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Heritage Wealth Advisors boosted its holdings in shares of SPDR Gold Shares by 303.3% during the second quarter. Heritage Wealth Advisors now owns 605 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 455 shares during the period. Costello Asset Management INC purchased a new position in shares of SPDR Gold Shares during the 2nd quarter valued at $25,000. Selective Wealth Management Inc. acquired a new position in shares of SPDR Gold Shares in the second quarter worth $45,000. Key Financial Inc purchased a new stake in shares of SPDR Gold Shares during the first quarter worth $48,000. Finally, American Research & Management Co. acquired a new stake in SPDR Gold Shares during the first quarter valued at $50,000.

GLD stock traded up $0.05 during mid-day trading on Thursday, hitting $182.29. The stock had a trading volume of 760,049 shares, compared to its average volume of 13,854,761. SPDR Gold Shares has a 1-year low of $136.12 and a 1-year high of $194.45. The company has a fifty day moving average of $177.70 and a 200 day moving average of $161.78.

SPDR Gold Shares 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).

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

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