Mount Yale Investment Advisors LLC Buys 310 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Mount Yale Investment Advisors LLC increased its position in SPDR Gold Shares (NYSEARCA:GLD) by 1.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,715 shares of the exchange traded fund’s stock after purchasing an additional 310 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in SPDR Gold Shares were worth $4,454,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Cerity Partners OCIO LLC bought a new position in shares of SPDR Gold Shares during the 2nd quarter worth $78,434,000. Kowal Investment Group LLC lifted its stake in SPDR Gold Shares by 7.1% in the second quarter. Kowal Investment Group LLC now owns 1,261 shares of the exchange traded fund’s stock worth $271,000 after acquiring an additional 84 shares during the period. Symmetry Investments LP bought a new position in SPDR Gold Shares during the 2nd quarter worth about $710,000. Alaethes Wealth LLC increased its position in SPDR Gold Shares by 2.2% during the 2nd quarter. Alaethes Wealth LLC now owns 13,539 shares of the exchange traded fund’s stock valued at $2,911,000 after purchasing an additional 291 shares during the period. Finally, Legacy Financial Advisors Inc. bought a new stake in shares of SPDR Gold Shares in the 2nd quarter valued at about $246,000. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Up 1.3 %

Shares of GLD opened at $242.21 on Friday. The company has a 50 day moving average price of $228.91 and a 200-day moving average price of $219.01. SPDR Gold Shares has a fifty-two week low of $168.30 and a fifty-two week high of $242.63.

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).