Prospera Financial Services Inc Boosts Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Prospera Financial Services Inc boosted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 5.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 86,338 shares of the exchange traded fund’s stock after purchasing an additional 4,437 shares during the quarter. Prospera Financial Services Inc’s holdings in SPDR Gold Shares were worth $20,985,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Triad Wealth Partners LLC bought a new stake in shares of SPDR Gold Shares in the second quarter worth about $25,000. Semmax Financial Advisors Inc. raised its holdings in shares of SPDR Gold Shares by 78.7% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 48 shares in the last quarter. Private Ocean LLC raised its holdings in shares of SPDR Gold Shares by 155.1% during the 2nd quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 76 shares in the last quarter. Ashton Thomas Securities LLC bought a new position in shares of SPDR Gold Shares during the 3rd quarter valued at approximately $28,000. Finally, Chris Bulman Inc purchased a new position in shares of SPDR Gold Shares in the second quarter valued at $29,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

Shares of GLD opened at $241.09 on Tuesday. The company’s fifty day moving average is $245.14 and its 200 day moving average is $229.84. SPDR Gold Shares has a fifty-two week low of $182.23 and a fifty-two week high of $257.71.

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).