Advyzon Investment Management LLC Has $4.93 Million Stock Holdings in SPDR Gold Shares $GLD

Advyzon Investment Management LLC lessened its position in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 29.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,878 shares of the exchange traded fund’s stock after selling 5,831 shares during the period. SPDR Gold Shares makes up approximately 0.8% of Advyzon Investment Management LLC’s investment portfolio, making the stock its 23rd largest position. Advyzon Investment Management LLC’s holdings in SPDR Gold Shares were worth $4,933,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of GLD. Princeton Capital Management LLC bought a new position in shares of SPDR Gold Shares in the 2nd quarter valued at $220,000. Alpha Cubed Investments LLC raised its position in SPDR Gold Shares by 5.7% during the 2nd quarter. Alpha Cubed Investments LLC now owns 2,722 shares of the exchange traded fund’s stock worth $830,000 after purchasing an additional 146 shares during the last quarter. Spirepoint Private Client LLC bought a new stake in SPDR Gold Shares in the third quarter valued at approximately $742,000. FAS Wealth Partners Inc. raised its stake in SPDR Gold Shares by 71.1% during the third quarter. FAS Wealth Partners Inc. now owns 20,916 shares of the exchange traded fund’s stock worth $7,435,000 after buying an additional 8,691 shares during the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its position in shares of SPDR Gold Shares by 19.4% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 36,470 shares of the exchange traded fund’s stock valued at $12,964,000 after purchasing an additional 5,932 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 2.0%

NYSEARCA:GLD opened at $468.62 on Friday. The company has a fifty day moving average of $432.80 and a 200-day moving average of $381.63. SPDR Gold Shares has a twelve month low of $261.25 and a twelve month high of $509.70. The firm has a market capitalization of $178.12 billion, a P/E ratio of -32.43 and a beta of 0.09.

Key SPDR Gold Shares News

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About SPDR Gold Shares

(Free Report)

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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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