Buck Wealth Strategies LLC Buys 26,849 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Buck Wealth Strategies LLC lifted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 1,968.4% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 28,213 shares of the exchange traded fund’s stock after buying an additional 26,849 shares during the quarter. Buck Wealth Strategies LLC’s holdings in SPDR Gold Shares were worth $6,066,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in GLD. Semmax Financial Advisors Inc. raised its stake in SPDR Gold Shares by 78.7% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 48 shares during the period. Triad Wealth Partners LLC purchased a new position in shares of SPDR Gold Shares in the second quarter worth $25,000. Northwest Investment Counselors LLC bought a new position in shares of SPDR Gold Shares during the first quarter worth $26,000. Private Ocean LLC grew its stake in SPDR Gold Shares by 155.1% during the second quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 76 shares in the last quarter. Finally, Chris Bulman Inc bought a new stake in SPDR Gold Shares in the 2nd quarter valued at $29,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

GLD opened at $245.02 on Friday. The firm has a 50-day simple moving average of $230.90 and a two-hundred day simple moving average of $220.58. SPDR Gold Shares has a 52 week low of $168.30 and a 52 week high of $247.37.

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).