Howard Financial Services LTD. Purchases 268 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Howard Financial Services LTD. boosted its position in SPDR Gold Shares (NYSEARCA:GLD) by 12.6% in the 2nd quarter, Holdings Channel reports. The firm owned 2,395 shares of the exchange traded fund’s stock after buying an additional 268 shares during the quarter. Howard Financial Services LTD.’s holdings in SPDR Gold Shares were worth $427,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Physician Wealth Advisors Inc. raised its holdings in shares of SPDR Gold Shares by 4.2% in the 1st quarter. Physician Wealth Advisors Inc. now owns 1,330 shares of the exchange traded fund’s stock valued at $247,000 after purchasing an additional 54 shares in the last quarter. Cyndeo Wealth Partners LLC grew its position in shares of SPDR Gold Shares by 0.4% in the 1st quarter. Cyndeo Wealth Partners LLC now owns 12,362 shares of the exchange traded fund’s stock valued at $3,880,000 after buying an additional 55 shares during the last quarter. Pensionmark Financial Group LLC grew its position in shares of SPDR Gold Shares by 1.1% in the 1st quarter. Pensionmark Financial Group LLC now owns 5,029 shares of the exchange traded fund’s stock valued at $921,000 after buying an additional 55 shares during the last quarter. True Capital Management grew its position in shares of SPDR Gold Shares by 3.3% in the 1st quarter. True Capital Management now owns 1,798 shares of the exchange traded fund’s stock valued at $329,000 after buying an additional 57 shares during the last quarter. Finally, Independent Wealth Network Inc. grew its position in shares of SPDR Gold Shares by 1.1% in the 1st quarter. Independent Wealth Network Inc. now owns 5,453 shares of the exchange traded fund’s stock valued at $999,000 after buying an additional 58 shares during the last quarter. Institutional investors own 40.99% of the company’s stock.

SPDR Gold Shares Trading Down 0.0 %

Shares of NYSEARCA GLD traded down $0.01 during mid-day trading on Tuesday, reaching $179.38. The company had a trading volume of 1,993,554 shares, compared to its average volume of 6,915,458. The firm has a 50 day simple moving average of $179.30 and a two-hundred day simple moving average of $181.13. SPDR Gold Shares has a 52-week low of $150.57 and a 52-week high of $191.36.

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).