931 Shares in SPDR Gold Shares (NYSEARCA:GLD) Acquired by Souders Financial Advisors

Souders Financial Advisors acquired a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 931 shares of the exchange traded fund’s stock, valued at approximately $200,000.

Other institutional investors also recently bought and sold shares of the company. Ballast Inc. grew its position in shares of SPDR Gold Shares by 3.6% in the 2nd quarter. Ballast Inc. now owns 1,295 shares of the exchange traded fund’s stock worth $278,000 after acquiring an additional 45 shares in the last quarter. Sunbelt Securities Inc. increased its stake in SPDR Gold Shares by 2.2% during the second quarter. Sunbelt Securities Inc. now owns 2,116 shares of the exchange traded fund’s stock valued at $455,000 after purchasing an additional 45 shares during the last quarter. Burkett Financial Services LLC raised its holdings in shares of SPDR Gold Shares by 9.9% during the second quarter. Burkett Financial Services LLC now owns 512 shares of the exchange traded fund’s stock worth $110,000 after purchasing an additional 46 shares during the period. CCG Wealth Management LLC lifted its position in shares of SPDR Gold Shares by 1.2% in the 2nd quarter. CCG Wealth Management LLC now owns 4,001 shares of the exchange traded fund’s stock worth $860,000 after buying an additional 46 shares during the last quarter. Finally, Apollon Financial LLC grew its position in shares of SPDR Gold Shares by 1.7% during the 2nd quarter. Apollon Financial LLC now owns 2,809 shares of the exchange traded fund’s stock valued at $604,000 after buying an additional 47 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Up 1.1 %

GLD opened at $245.63 on Wednesday. The company’s 50-day moving average price is $231.79 and its 200 day moving average price is $221.34. SPDR Gold Shares has a fifty-two week low of $168.30 and a fifty-two week high of $247.37.

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).