Concorde Asset Management LLC Has $419,000 Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Concorde Asset Management LLC grew its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 24.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,948 shares of the exchange traded fund’s stock after acquiring an additional 379 shares during the quarter. Concorde Asset Management LLC’s holdings in SPDR Gold Shares were worth $419,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Ballast Inc. increased its position in SPDR Gold Shares by 3.6% in the second quarter. Ballast Inc. now owns 1,295 shares of the exchange traded fund’s stock worth $278,000 after buying an additional 45 shares during the last quarter. Burkett Financial Services LLC raised its stake in SPDR Gold Shares by 9.9% in the 2nd quarter. Burkett Financial Services LLC now owns 512 shares of the exchange traded fund’s stock valued at $110,000 after acquiring an additional 46 shares during the period. CCG Wealth Management LLC lifted its holdings in SPDR Gold Shares by 1.2% during the second quarter. CCG Wealth Management LLC now owns 4,001 shares of the exchange traded fund’s stock valued at $860,000 after purchasing an additional 46 shares during the last quarter. Apollon Financial LLC lifted its holdings in SPDR Gold Shares by 1.7% during the second quarter. Apollon Financial LLC now owns 2,809 shares of the exchange traded fund’s stock valued at $604,000 after purchasing an additional 47 shares during the last quarter. Finally, KG&L Capital Management LLC increased its stake in shares of SPDR Gold Shares by 2.2% in the first quarter. KG&L Capital Management LLC now owns 2,205 shares of the exchange traded fund’s stock worth $454,000 after purchasing an additional 48 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.8 %

GLD opened at $235.51 on Thursday. SPDR Gold Shares has a 12 month low of $168.30 and a 12 month high of $240.29. The company has a 50 day moving average of $228.21 and a 200 day moving average of $218.39.

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).