Clearview Wealth Advisors LLC Sells 100 Shares of SPDR Gold Shares $GLD

Clearview Wealth Advisors LLC cut its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 6.1% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,542 shares of the exchange traded fund’s stock after selling 100 shares during the period. Clearview Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $470,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Raymond James Financial Inc. boosted its holdings in SPDR Gold Shares by 11.0% in the first quarter. Raymond James Financial Inc. now owns 2,063,634 shares of the exchange traded fund’s stock valued at $594,616,000 after acquiring an additional 204,676 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of SPDR Gold Shares by 12.2% in the 1st quarter. Ameriprise Financial Inc. now owns 1,556,698 shares of the exchange traded fund’s stock worth $450,902,000 after purchasing an additional 169,005 shares during the period. 59 North Capital Management LP boosted its stake in shares of SPDR Gold Shares by 76.4% during the 1st quarter. 59 North Capital Management LP now owns 1,263,196 shares of the exchange traded fund’s stock valued at $363,977,000 after purchasing an additional 547,018 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of SPDR Gold Shares by 9.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 1,217,861 shares of the exchange traded fund’s stock valued at $350,914,000 after purchasing an additional 106,648 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its position in shares of SPDR Gold Shares by 16.5% during the first quarter. Commonwealth Equity Services LLC now owns 1,141,703 shares of the exchange traded fund’s stock valued at $328,970,000 after buying an additional 161,638 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

GLD stock opened at $387.39 on Thursday. SPDR Gold Shares has a 1 year low of $236.13 and a 1 year high of $387.76. The firm has a 50-day moving average of $335.07 and a 200 day moving average of $314.63. The company has a market cap of $137.64 billion, a P/E ratio of -32.43 and a beta of 0.15.

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).