Forvis Mazars Wealth Advisors LLC Has $972,000 Stock Holdings in SPDR Gold Shares $GLD

Forvis Mazars Wealth Advisors LLC boosted its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 5.3% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 3,188 shares of the exchange traded fund’s stock after buying an additional 160 shares during the quarter. Forvis Mazars Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $972,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of GLD. MJT & Associates Financial Advisory Group Inc. acquired a new position in SPDR Gold Shares during the first quarter valued at approximately $30,000. Columbia River Financial Group LLC bought a new position in shares of SPDR Gold Shares during the first quarter worth approximately $34,000. Stone House Investment Management LLC bought a new position in shares of SPDR Gold Shares during the first quarter worth approximately $34,000. Legacy Wealth Managment LLC ID increased its stake in shares of SPDR Gold Shares by 51.1% during the first quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 46 shares during the period. Finally, HWG Holdings LP bought a new position in SPDR Gold Shares during the 1st quarter worth $53,000. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

SPDR Gold Shares stock opened at $388.99 on Monday. The stock’s fifty day moving average price is $338.26 and its two-hundred day moving average price is $316.48. SPDR Gold Shares has a one year low of $236.13 and a one year high of $397.28. The firm has a market cap of $138.95 billion, a PE ratio of -32.43 and a beta of 0.15.

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).