690 Shares in SPDR Gold Shares $GLD Acquired by Pathway Financial Advisors LLC

Pathway Financial Advisors LLC purchased a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 690 shares of the exchange traded fund’s stock, valued at approximately $210,000.

Other large investors have also made changes to their positions in the company. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of SPDR Gold Shares during the 1st quarter worth approximately $30,000. Columbia River Financial Group LLC acquired a new stake in SPDR Gold Shares in the first quarter valued at approximately $34,000. Stone House Investment Management LLC acquired a new stake in SPDR Gold Shares in the first quarter valued at approximately $34,000. Legacy Wealth Managment LLC ID boosted its position in SPDR Gold Shares by 51.1% in the first quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 46 shares in the last quarter. Finally, HWG Holdings LP acquired a new stake in SPDR Gold Shares in the first quarter valued at approximately $53,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of SPDR Gold Shares stock opened at $369.12 on Monday. SPDR Gold Shares has a fifty-two week low of $236.13 and a fifty-two week high of $373.57. The firm has a market capitalization of $130.82 billion, a P/E ratio of -32.43 and a beta of 0.15. The company’s 50 day moving average price is $330.80 and its two-hundred day moving average price is $313.00.

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).