Proactive Wealth Strategies LLC Buys Shares of 11,951 SPDR Gold Shares (NYSEARCA:GLD)

Proactive Wealth Strategies LLC purchased a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,951 shares of the exchange traded fund’s stock, valued at approximately $2,905,000. SPDR Gold Shares makes up 1.6% of Proactive Wealth Strategies LLC’s holdings, making the stock its 15th largest holding.

A number of other large investors also recently modified their holdings of the company. Romano Brothers AND Company boosted its position in SPDR Gold Shares by 1.0% during the 3rd quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock worth $1,002,000 after buying an additional 40 shares during the period. Delta Financial Group Inc. raised its stake in shares of SPDR Gold Shares by 1.2% during the third quarter. Delta Financial Group Inc. now owns 3,492 shares of the exchange traded fund’s stock valued at $849,000 after acquiring an additional 41 shares during the last quarter. Spinnaker Trust lifted its holdings in shares of SPDR Gold Shares by 1.1% during the third quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock worth $956,000 after purchasing an additional 43 shares during the period. Compton Wealth Advisory Group LLC increased its holdings in SPDR Gold Shares by 3.2% in the third quarter. Compton Wealth Advisory Group LLC now owns 1,409 shares of the exchange traded fund’s stock valued at $342,000 after purchasing an additional 44 shares during the period. Finally, Ballast Inc. raised its position in SPDR Gold Shares by 3.6% during the 2nd quarter. Ballast Inc. now owns 1,295 shares of the exchange traded fund’s stock worth $278,000 after purchasing an additional 45 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Trading Down 2.3 %

NYSEARCA GLD opened at $242.14 on Tuesday. The business’s 50-day moving average price is $244.40 and its two-hundred day moving average price is $228.99. SPDR Gold Shares has a 12 month low of $179.11 and a 12 month high of $257.71.

SPDR Gold Shares 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).