Schaper Benz & Wise Investment Counsel Inc. WI Sells 250 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Schaper Benz & Wise Investment Counsel Inc. WI trimmed its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 5.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,680 shares of the exchange traded fund’s stock after selling 250 shares during the quarter. Schaper Benz & Wise Investment Counsel Inc. WI’s holdings in SPDR Gold Shares were worth $1,138,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Resonant Capital Advisors LLC bought a new stake in shares of SPDR Gold Shares in the 3rd quarter worth about $401,000. Wealth Alliance Advisory Group LLC acquired a new stake in shares of SPDR Gold Shares during the 3rd quarter worth approximately $216,000. McBroom & Associates LLC grew its position in shares of SPDR Gold Shares by 0.5% during the 3rd quarter. McBroom & Associates LLC now owns 19,251 shares of the exchange traded fund’s stock worth $4,679,000 after buying an additional 97 shares during the period. Cadent Capital Advisors LLC increased its stake in shares of SPDR Gold Shares by 13.8% in the 3rd quarter. Cadent Capital Advisors LLC now owns 5,924 shares of the exchange traded fund’s stock valued at $1,440,000 after acquiring an additional 719 shares during the last quarter. Finally, E&G Advisors LP increased its stake in SPDR Gold Shares by 17.5% in the third quarter. E&G Advisors LP now owns 22,960 shares of the exchange traded fund’s stock valued at $5,578,000 after purchasing an additional 3,420 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Up 1.1 %

NYSEARCA GLD opened at $251.27 on Friday. SPDR Gold Shares has a one year low of $179.11 and a one year high of $251.37. The stock’s 50-day moving average is $237.71 and its 200-day moving average is $225.03.

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).