Baldwin Wealth Partners LLC MA Sells 236 Shares of SPDR Gold Shares $GLD

Baldwin Wealth Partners LLC MA lessened its position in SPDR Gold Shares (NYSEARCA:GLD) by 0.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 65,064 shares of the exchange traded fund’s stock after selling 236 shares during the quarter. SPDR Gold Shares accounts for 1.3% of Baldwin Wealth Partners LLC MA’s portfolio, making the stock its 20th largest position. Baldwin Wealth Partners LLC MA’s holdings in SPDR Gold Shares were worth $19,833,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Mainstay Capital Management LLC ADV lifted its position in shares of SPDR Gold Shares by 400.5% in the 2nd quarter. Mainstay Capital Management LLC ADV now owns 43,316 shares of the exchange traded fund’s stock worth $13,204,000 after purchasing an additional 34,661 shares during the period. Capital Advisors Ltd. LLC grew its position in shares of SPDR Gold Shares by 1.6% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 3,100 shares of the exchange traded fund’s stock worth $945,000 after buying an additional 50 shares during the last quarter. Edge Financial Advisors LLC purchased a new stake in SPDR Gold Shares during the 2nd quarter worth approximately $372,000. PPSC Investment Service Corp grew its position in SPDR Gold Shares by 12.6% during the 2nd quarter. PPSC Investment Service Corp now owns 589,232 shares of the exchange traded fund’s stock worth $179,616,000 after purchasing an additional 66,080 shares during the last quarter. Finally, Leo Wealth LLC grew its position in SPDR Gold Shares by 28.9% during the 2nd quarter. Leo Wealth LLC now owns 9,854 shares of the exchange traded fund’s stock worth $3,004,000 after purchasing an additional 2,212 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 1.8%

NYSEARCA:GLD opened at $365.43 on Friday. The company’s 50 day moving average is $329.60 and its two-hundred day moving average is $311.92. The company has a market cap of $129.29 billion, a PE ratio of -32.43 and a beta of 0.15. SPDR Gold Shares has a twelve month low of $236.13 and a twelve month high of $373.57.

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).