Kingsview Wealth Management LLC Has $15.08 Million Position in SPDR Gold Shares $GLD

Kingsview Wealth Management LLC boosted its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 49,466 shares of the exchange traded fund’s stock after acquiring an additional 516 shares during the quarter. Kingsview Wealth Management LLC’s holdings in SPDR Gold Shares were worth $15,079,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in GLD. American National Bank & Trust increased its position in shares of SPDR Gold Shares by 52.4% during the second quarter. American National Bank & Trust now owns 291 shares of the exchange traded fund’s stock valued at $89,000 after purchasing an additional 100 shares during the period. StrongBox Wealth LLC boosted its stake in SPDR Gold Shares by 10.1% during the second quarter. StrongBox Wealth LLC now owns 1,487 shares of the exchange traded fund’s stock worth $453,000 after buying an additional 136 shares in the last quarter. Beaumont Financial Advisors LLC increased its holdings in SPDR Gold Shares by 6.5% in the 2nd quarter. Beaumont Financial Advisors LLC now owns 3,509 shares of the exchange traded fund’s stock valued at $1,070,000 after buying an additional 215 shares during the period. TD Private Client Wealth LLC raised its stake in shares of SPDR Gold Shares by 14.6% in the 2nd quarter. TD Private Client Wealth LLC now owns 51,235 shares of the exchange traded fund’s stock valued at $15,618,000 after buying an additional 6,540 shares in the last quarter. Finally, ST Germain D J Co. Inc. lifted its holdings in shares of SPDR Gold Shares by 151.5% during the 2nd quarter. ST Germain D J Co. Inc. now owns 1,386 shares of the exchange traded fund’s stock worth $422,000 after acquiring an additional 835 shares during the period. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Performance

Shares of SPDR Gold Shares stock opened at $375.96 on Friday. SPDR Gold Shares has a twelve month low of $236.33 and a twelve month high of $403.30. The firm has a market cap of $136.06 billion, a P/E ratio of -32.43 and a beta of 0.09. The firm’s 50-day simple moving average is $362.36 and its 200-day simple moving average is $327.28.

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).