Sigma Planning Corp decreased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 5.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 106,565 shares of the exchange traded fund’s stock after selling 6,210 shares during the period. SPDR Gold Shares makes up 0.7% of Sigma Planning Corp’s portfolio, making the stock its 19th biggest holding. Sigma Planning Corp’s holdings in SPDR Gold Shares were worth $14,194,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of GLD. Archford Capital Strategies LLC purchased a new stake in shares of SPDR Gold Shares in the second quarter worth approximately $25,000. Live Your Vision LLC lifted its position in shares of SPDR Gold Shares by 263.5% in the first quarter. Live Your Vision LLC now owns 229 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 166 shares in the last quarter. Howe & Rusling Inc. lifted its position in shares of SPDR Gold Shares by 81.8% in the first quarter. Howe & Rusling Inc. now owns 289 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 130 shares in the last quarter. Burt Wealth Advisors lifted its position in shares of SPDR Gold Shares by 800.0% in the first quarter. Burt Wealth Advisors now owns 315 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 280 shares in the last quarter. Finally, Icon Wealth Partners LLC purchased a new stake in shares of SPDR Gold Shares in the first quarter worth approximately $47,000.
Shares of NYSEARCA GLD traded up $0.65 during mid-day trading on Thursday, reaching $143.40. The company had a trading volume of 1,133,453 shares, compared to its average volume of 8,877,195. The business has a fifty day simple moving average of $135.08. SPDR Gold Shares has a 12-month low of $111.06 and a 12-month high of $143.75.
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).
Further Reading: Price-Sales Ratio
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