Sound View Wealth Advisors Group LLC Has $4.88 Million Stock Position in SPDR Gold Shares $GLD

Sound View Wealth Advisors Group LLC boosted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 6.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,020 shares of the exchange traded fund’s stock after buying an additional 1,003 shares during the period. Sound View Wealth Advisors Group LLC’s holdings in SPDR Gold Shares were worth $4,883,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Brighton Jones LLC increased its position in SPDR Gold Shares by 20.4% during the fourth quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock worth $2,723,000 after acquiring an additional 1,903 shares during the period. Bison Wealth LLC grew its position in SPDR Gold Shares by 77.8% in the 4th quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock worth $1,438,000 after purchasing an additional 2,600 shares during the last quarter. Leavell Investment Management Inc. grew its position in SPDR Gold Shares by 23.6% in the 1st quarter. Leavell Investment Management Inc. now owns 3,531 shares of the exchange traded fund’s stock worth $1,017,000 after purchasing an additional 675 shares during the last quarter. Diversify Wealth Management LLC increased its holdings in shares of SPDR Gold Shares by 14.4% during the 1st quarter. Diversify Wealth Management LLC now owns 3,168 shares of the exchange traded fund’s stock worth $970,000 after purchasing an additional 398 shares during the period. Finally, Gateway Wealth Partners LLC raised its position in shares of SPDR Gold Shares by 4.6% during the first quarter. Gateway Wealth Partners LLC now owns 1,585 shares of the exchange traded fund’s stock valued at $457,000 after buying an additional 69 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

NYSEARCA GLD opened at $368.31 on Friday. SPDR Gold Shares has a twelve month low of $236.13 and a twelve month high of $403.30. The stock has a market cap of $133.29 billion, a PE ratio of -32.43 and a beta of 0.09. The firm has a 50-day simple moving average of $356.89 and a 200 day simple moving average of $324.69.

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).