Nicholson Wealth Management Group LLC Purchases 179 Shares of SPDR Gold Shares $GLD

Nicholson Wealth Management Group LLC raised its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 5.0% during the second quarter, HoldingsChannel.com reports. The fund owned 3,755 shares of the exchange traded fund’s stock after buying an additional 179 shares during the quarter. Nicholson Wealth Management Group LLC’s holdings in SPDR Gold Shares were worth $1,145,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Catawba River Capital boosted its position in SPDR Gold Shares by 2.3% during the second quarter. Catawba River Capital now owns 74,100 shares of the exchange traded fund’s stock valued at $22,588,000 after acquiring an additional 1,698 shares during the last quarter. Primoris Wealth Advisors LLC boosted its position in SPDR Gold Shares by 635.7% during the second quarter. Primoris Wealth Advisors LLC now owns 14,067 shares of the exchange traded fund’s stock valued at $4,288,000 after acquiring an additional 12,155 shares during the last quarter. Stratos Wealth Advisors LLC boosted its position in SPDR Gold Shares by 2.7% during the second quarter. Stratos Wealth Advisors LLC now owns 57,261 shares of the exchange traded fund’s stock valued at $17,455,000 after acquiring an additional 1,496 shares during the last quarter. Angeles Wealth Management LLC raised its holdings in shares of SPDR Gold Shares by 30.5% during the second quarter. Angeles Wealth Management LLC now owns 2,140 shares of the exchange traded fund’s stock valued at $652,000 after purchasing an additional 500 shares during the period. Finally, Empirical Asset Management LLC raised its holdings in shares of SPDR Gold Shares by 3.7% during the second quarter. Empirical Asset Management LLC now owns 10,207 shares of the exchange traded fund’s stock valued at $3,111,000 after purchasing an additional 366 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 1.9%

Shares of NYSEARCA GLD opened at $388.99 on Friday. The firm’s 50-day moving average price is $338.26 and its 200-day moving average price is $316.08. SPDR Gold Shares has a 1-year low of $236.13 and a 1-year high of $397.28. The firm has a market capitalization of $138.21 billion, a P/E ratio of -32.43 and a beta of 0.15.

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).