Claro Advisors LLC Sells 740 Shares of SPDR Gold Shares $GLD

Claro Advisors LLC reduced its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 22.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,626 shares of the exchange traded fund’s stock after selling 740 shares during the quarter. Claro Advisors LLC’s holdings in SPDR Gold Shares were worth $800,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of SPDR Gold Shares in the 1st quarter worth approximately $30,000. Stone House Investment Management LLC bought a new stake in shares of SPDR Gold Shares in the 1st quarter worth approximately $34,000. Legacy Wealth Managment LLC ID grew its position in shares of SPDR Gold Shares by 51.1% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 46 shares during the last quarter. First Command Advisory Services Inc. bought a new stake in shares of SPDR Gold Shares in the 2nd quarter worth approximately $43,000. Finally, Signature Resources Capital Management LLC lifted its stake in shares of SPDR Gold Shares by 146.7% in the 2nd quarter. Signature Resources Capital Management LLC now owns 185 shares of the exchange traded fund’s stock valued at $56,000 after purchasing an additional 110 shares during the period. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Up 1.2%

GLD opened at $366.51 on Thursday. The stock has a market cap of $132.64 billion, a PE ratio of -32.43 and a beta of 0.09. The business has a 50 day moving average of $354.87 and a 200-day moving average of $323.93. SPDR Gold Shares has a 52 week low of $236.13 and a 52 week high of $403.30.

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).