Prospera Financial Services Inc Increases Stock Position in SPDR Gold Shares $GLD

Prospera Financial Services Inc boosted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 11.2% in the 2nd quarter, Holdings Channel reports. The firm owned 100,410 shares of the exchange traded fund’s stock after purchasing an additional 10,153 shares during the period. Prospera Financial Services Inc’s holdings in SPDR Gold Shares were worth $30,608,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. American National Bank & Trust lifted its stake in shares of SPDR Gold Shares by 52.4% in the 2nd quarter. American National Bank & Trust now owns 291 shares of the exchange traded fund’s stock worth $89,000 after acquiring an additional 100 shares during the period. StrongBox Wealth LLC lifted its stake in shares of SPDR Gold Shares by 10.1% during the 2nd quarter. StrongBox Wealth LLC now owns 1,487 shares of the exchange traded fund’s stock worth $453,000 after purchasing an additional 136 shares during the period. Beaumont Financial Advisors LLC grew its holdings in SPDR Gold Shares by 6.5% in the 2nd quarter. Beaumont Financial Advisors LLC now owns 3,509 shares of the exchange traded fund’s stock valued at $1,070,000 after buying an additional 215 shares during the period. TD Private Client Wealth LLC grew its stake in shares of SPDR Gold Shares by 14.6% during the 2nd quarter. TD Private Client Wealth LLC now owns 51,235 shares of the exchange traded fund’s stock valued at $15,618,000 after buying an additional 6,540 shares during the period. Finally, ST Germain D J Co. Inc. grew its holdings in shares of SPDR Gold Shares by 151.5% during the 2nd quarter. ST Germain D J Co. Inc. now owns 1,386 shares of the exchange traded fund’s stock worth $422,000 after purchasing an additional 835 shares during the period. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Up 0.6%

SPDR Gold Shares stock opened at $368.31 on Friday. The firm has a market capitalization of $133.29 billion, a P/E ratio of -32.43 and a beta of 0.09. The firm has a fifty day moving average of $356.89 and a 200-day moving average of $324.59. SPDR Gold Shares has a 52-week low of $236.13 and a 52-week high of $403.30.

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).