GM Advisory Group LLC Buys 83 Shares of SPDR Gold Shares (NYSEARCA:GLD)

GM Advisory Group LLC grew its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,561 shares of the exchange traded fund’s stock after acquiring an additional 83 shares during the quarter. GM Advisory Group LLC’s holdings in SPDR Gold Shares were worth $981,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Toronto Dominion Bank grew its position in SPDR Gold Shares by 23.6% in the 1st quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock worth $1,162,217,000 after purchasing an additional 1,079,452 shares in the last quarter. Scarborough Advisors LLC grew its holdings in shares of SPDR Gold Shares by 10,133.3% in the fourth quarter. Scarborough Advisors LLC now owns 2,662,393 shares of the exchange traded fund’s stock valued at $508,970,000 after acquiring an additional 2,636,376 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of SPDR Gold Shares by 2.6% in the second quarter. Envestnet Asset Management Inc. now owns 1,128,933 shares of the exchange traded fund’s stock valued at $242,732,000 after acquiring an additional 28,683 shares in the last quarter. Commonwealth Equity Services LLC increased its position in shares of SPDR Gold Shares by 7.5% during the second quarter. Commonwealth Equity Services LLC now owns 1,007,710 shares of the exchange traded fund’s stock valued at $216,668,000 after acquiring an additional 70,290 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. lifted its holdings in SPDR Gold Shares by 6.8% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 857,981 shares of the exchange traded fund’s stock worth $184,474,000 after acquiring an additional 54,974 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA:GLD opened at $239.14 on Friday. SPDR Gold Shares has a 1 year low of $168.30 and a 1 year high of $240.29. The business has a fifty day moving average price of $228.53 and a two-hundred day moving average price of $218.54.

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).