IHT Wealth Management LLC Has $14.71 Million Position in SPDR Gold Shares $GLD

IHT Wealth Management LLC decreased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 6.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 48,242 shares of the exchange traded fund’s stock after selling 3,494 shares during the quarter. IHT Wealth Management LLC’s holdings in SPDR Gold Shares were worth $14,706,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. Fullerton Fund Management Co Ltd. lifted its position in shares of SPDR Gold Shares by 85.7% in the second quarter. Fullerton Fund Management Co Ltd. now owns 256,732 shares of the exchange traded fund’s stock worth $78,260,000 after purchasing an additional 118,455 shares in the last quarter. EP Wealth Advisors LLC increased its stake in SPDR Gold Shares by 9.4% in the 2nd quarter. EP Wealth Advisors LLC now owns 45,586 shares of the exchange traded fund’s stock valued at $13,896,000 after buying an additional 3,923 shares during the period. Curi Capital LLC lifted its position in SPDR Gold Shares by 3,679.8% in the 2nd quarter. Curi Capital LLC now owns 48,721 shares of the exchange traded fund’s stock worth $14,852,000 after buying an additional 47,432 shares in the last quarter. BBR Partners LLC lifted its position in SPDR Gold Shares by 56.6% in the 2nd quarter. BBR Partners LLC now owns 15,077 shares of the exchange traded fund’s stock worth $4,596,000 after buying an additional 5,448 shares in the last quarter. Finally, Benjamin Edwards Inc. boosted its stake in shares of SPDR Gold Shares by 6.2% during the 2nd quarter. Benjamin Edwards Inc. now owns 37,269 shares of the exchange traded fund’s stock valued at $11,361,000 after buying an additional 2,160 shares during the period. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Up 0.6%

NYSEARCA GLD opened at $395.44 on Friday. The company has a market capitalization of $143.11 billion, a PE ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 1-year low of $238.73 and a 1-year high of $403.30. The firm’s fifty day simple moving average is $378.47 and its 200-day simple moving average is $338.31.

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).