SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC decreased its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 3.5% in the second quarter, HoldingsChannel.com reports. The firm owned 5,380 shares of the exchange traded fund’s stock after selling 194 shares during the quarter. Gateway Wealth Partners LLC’s holdings in SPDR Gold Shares were worth $1,157,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Semmax Financial Advisors Inc. increased 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 worth $25,000 after buying an additional 48 shares in the last quarter. Triad Wealth Partners LLC purchased a new stake in SPDR Gold Shares during the 2nd quarter worth approximately $25,000. Northwest Investment Counselors LLC purchased a new stake in SPDR Gold Shares during the 1st quarter worth approximately $26,000. Private Ocean LLC grew its position in shares of SPDR Gold Shares by 155.1% in the second quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 76 shares in the last quarter. Finally, Chris Bulman Inc purchased a new stake in shares of SPDR Gold Shares in the second quarter valued at approximately $29,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

GLD stock opened at $245.02 on Monday. The business has a 50 day simple moving average of $230.90 and a 200-day simple moving average of $220.72. SPDR Gold Shares has a 1 year low of $168.30 and a 1 year high of $247.37.

About SPDR Gold Shares

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).