SPDR Gold Shares $GLD Shares Acquired by Total Clarity Wealth Management Inc.

Total Clarity Wealth Management Inc. lifted its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 147.9% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,374 shares of the exchange traded fund’s stock after buying an additional 4,399 shares during the period. Total Clarity Wealth Management Inc.’s holdings in SPDR Gold Shares were worth $2,248,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. MGO One Seven LLC increased its holdings in shares of SPDR Gold Shares by 56.1% during the 2nd quarter. MGO One Seven LLC now owns 64,674 shares of the exchange traded fund’s stock worth $19,714,000 after buying an additional 23,235 shares during the last quarter. Welch Group LLC boosted its position in SPDR Gold Shares by 4.6% during the 2nd quarter. Welch Group LLC now owns 7,944 shares of the exchange traded fund’s stock worth $2,422,000 after purchasing an additional 348 shares during the period. Pathway Financial Advisors LLC purchased a new stake in SPDR Gold Shares during the 2nd quarter worth $210,000. Cypress Capital Group boosted its position in SPDR Gold Shares by 12.6% during the 2nd quarter. Cypress Capital Group now owns 3,064 shares of the exchange traded fund’s stock worth $934,000 after purchasing an additional 344 shares during the period. Finally, Bill Few Associates Inc. purchased a new stake in SPDR Gold Shares during the 2nd quarter worth $211,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Up 1.0%

Shares of SPDR Gold Shares stock opened at $369.12 on Monday. The company has a fifty day moving average price of $330.80 and a 200 day moving average price of $313.00. SPDR Gold Shares has a twelve month low of $236.13 and a twelve month high of $373.57. The stock has a market cap of $130.82 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15.

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).