Main Line Retirement Advisors LLC Acquires 305 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Main Line Retirement Advisors LLC boosted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 23.1% during the 1st quarter, HoldingsChannel reports. The fund owned 1,625 shares of the exchange traded fund’s stock after acquiring an additional 305 shares during the quarter. SPDR Gold Shares comprises 0.3% of Main Line Retirement Advisors LLC’s investment portfolio, making the stock its 25th largest position. Main Line Retirement Advisors LLC’s holdings in SPDR Gold Shares were worth $334,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in GLD. Bridgewealth Advisory Group LLC boosted its holdings in SPDR Gold Shares by 8.2% during the first quarter. Bridgewealth Advisory Group LLC now owns 2,518 shares of the exchange traded fund’s stock worth $518,000 after purchasing an additional 191 shares during the last quarter. Silvia Mccoll Wealth Management LLC acquired a new position in shares of SPDR Gold Shares during the 1st quarter worth about $225,000. O ROURKE & COMPANY Inc grew its holdings in shares of SPDR Gold Shares by 9.4% in the 1st quarter. O ROURKE & COMPANY Inc now owns 2,567 shares of the exchange traded fund’s stock valued at $528,000 after acquiring an additional 221 shares in the last quarter. Claro Advisors LLC raised its holdings in SPDR Gold Shares by 17.5% during the first quarter. Claro Advisors LLC now owns 4,159 shares of the exchange traded fund’s stock worth $856,000 after acquiring an additional 618 shares in the last quarter. Finally, CCG Wealth Management LLC acquired a new position in SPDR Gold Shares during the first quarter valued at approximately $814,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.1 %

Shares of GLD stock traded down $0.21 on Tuesday, reaching $215.36. The stock had a trading volume of 2,195,582 shares, compared to its average volume of 7,274,516. SPDR Gold Shares has a 12 month low of $168.30 and a 12 month high of $225.66. The firm’s 50-day moving average is $216.20 and its two-hundred day moving average is $202.93.

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).