Atria Wealth Solutions Inc. Reduces Position in SPDR Gold Shares $GLD

Atria Wealth Solutions Inc. decreased its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 59.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 61,297 shares of the exchange traded fund’s stock after selling 88,202 shares during the period. Atria Wealth Solutions Inc.’s holdings in SPDR Gold Shares were worth $18,724,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. MJT & Associates Financial Advisory Group Inc. bought a new stake in SPDR Gold Shares during the 1st quarter valued at $30,000. Columbia River Financial Group LLC purchased a new position in shares of SPDR Gold Shares in the first quarter valued at $34,000. Stone House Investment Management LLC bought a new stake in shares of SPDR Gold Shares during the 1st quarter valued at $34,000. Legacy Wealth Managment LLC ID lifted its holdings in SPDR Gold Shares by 51.1% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 46 shares in the last quarter. Finally, HWG Holdings LP purchased a new stake in SPDR Gold Shares during the 1st quarter worth about $53,000. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Up 1.0%

GLD stock opened at $369.12 on Monday. The stock has a 50-day simple moving average of $330.80 and a two-hundred day simple moving average of $313.00. SPDR Gold Shares has a twelve month low of $236.13 and a twelve month high of $373.57. The firm has a market capitalization of $130.82 billion, a PE ratio of -32.43 and a beta of 0.15.

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).