AIFG Consultants Ltd. Sells 433 Shares of SPDR Gold Shares $GLD

AIFG Consultants Ltd. decreased its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 19.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,824 shares of the exchange traded fund’s stock after selling 433 shares during the period. SPDR Gold Shares makes up 1.1% of AIFG Consultants Ltd.’s holdings, making the stock its 26th biggest position. AIFG Consultants Ltd.’s holdings in SPDR Gold Shares were worth $556,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. MJT & Associates Financial Advisory Group Inc. bought a new position in SPDR Gold Shares during the 1st quarter worth $30,000. Columbia River Financial Group LLC acquired a new stake in shares of SPDR Gold Shares during the 1st quarter worth $34,000. Stone House Investment Management LLC acquired a new stake in shares of SPDR Gold Shares during the 1st quarter worth $34,000. Legacy Wealth Managment LLC ID grew its holdings in shares of SPDR Gold Shares by 51.1% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 46 shares in the last quarter. Finally, HWG Holdings LP acquired a new stake in shares of SPDR Gold Shares during the 1st quarter worth $53,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

GLD opened at $357.64 on Friday. The firm has a market cap of $126.50 billion, a P/E ratio of -32.43 and a beta of 0.15. SPDR Gold Shares has a 52-week low of $236.13 and a 52-week high of $358.67. The business’s fifty day moving average is $324.54 and its 200-day moving average is $309.50.

SPDR Gold Shares Company 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).