Avantax Advisory Services Inc. Has $41.90 Million Holdings in SPDR Gold Shares $GLD

Avantax Advisory Services Inc. grew its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 137,441 shares of the exchange traded fund’s stock after acquiring an additional 4,683 shares during the quarter. Avantax Advisory Services Inc.’s holdings in SPDR Gold Shares were worth $41,896,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. MJT & Associates Financial Advisory Group Inc. acquired a new position in SPDR Gold Shares during the 1st quarter worth approximately $30,000. Stone House Investment Management LLC acquired a new position in shares of SPDR Gold Shares during the first quarter worth $34,000. Legacy Wealth Managment LLC ID lifted its stake in shares of SPDR Gold Shares by 51.1% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 46 shares during the last quarter. First Command Advisory Services Inc. bought a new position in shares of SPDR Gold Shares in the 2nd quarter valued at $43,000. Finally, Decker Retirement Planning Inc. boosted its holdings in shares of SPDR Gold Shares by 358.8% during the 2nd quarter. Decker Retirement Planning Inc. now owns 156 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 122 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 1.8%

Shares of GLD opened at $375.96 on Friday. The stock has a market cap of $136.06 billion, a PE ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 12-month low of $236.33 and a 12-month high of $403.30. The business has a 50-day simple moving average of $362.36 and a two-hundred day simple moving average of $327.28.

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).