Park Avenue Securities LLC Has $298,000 Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Park Avenue Securities LLC lifted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 26.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,236 shares of the exchange traded fund’s stock after buying an additional 473 shares during the period. Park Avenue Securities LLC’s holdings in SPDR Gold Shares were worth $298,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Archford Capital Strategies LLC acquired a new stake in shares of SPDR Gold Shares in the second quarter worth $25,000. Live Your Vision LLC boosted 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 buying an additional 166 shares during the period. Howe & Rusling Inc. boosted 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 buying an additional 130 shares during the period. Burt Wealth Advisors boosted 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 buying an additional 280 shares during the period. Finally, Icon Wealth Partners LLC acquired a new stake in shares of SPDR Gold Shares in the first quarter worth $47,000.

Shares of SPDR Gold Shares stock traded up $3.47 during midday trading on Wednesday, hitting $142.38. The company’s stock had a trading volume of 13,921,667 shares, compared to its average volume of 8,467,114. SPDR Gold Shares has a 1-year low of $111.06 and a 1-year high of $139.03. The company’s 50-day simple moving average is $133.39.

SPDR Gold Shares 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).

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

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