SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by KMG Fiduciary Partners LLC

KMG Fiduciary Partners LLC lessened its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,525 shares of the exchange traded fund’s stock after selling 65 shares during the quarter. KMG Fiduciary Partners LLC’s holdings in SPDR Gold Shares were worth $857,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Delta Financial Group Inc. boosted its position in SPDR Gold Shares by 1.2% in the third quarter. Delta Financial Group Inc. now owns 3,492 shares of the exchange traded fund’s stock valued at $849,000 after buying an additional 41 shares during the last quarter. Compton Wealth Advisory Group LLC increased its stake in shares of 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 worth $342,000 after acquiring an additional 44 shares during the period. Ballast Inc. raised its holdings in shares of SPDR Gold Shares by 3.6% during the second 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. Sunbelt Securities Inc. lifted its position in SPDR Gold Shares by 2.2% during the second quarter. Sunbelt Securities Inc. now owns 2,116 shares of the exchange traded fund’s stock valued at $455,000 after purchasing an additional 45 shares during the period. Finally, Peoples Bank KS boosted its holdings in SPDR Gold Shares by 4.6% in the third quarter. Peoples Bank KS now owns 1,023 shares of the exchange traded fund’s stock valued at $249,000 after purchasing an additional 45 shares during the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Up 1.1 %

Shares of GLD opened at $251.27 on Friday. The business’s 50-day moving average is $237.71 and its two-hundred day moving average is $225.03. SPDR Gold Shares has a fifty-two week low of $179.11 and a fifty-two week high of $251.37.

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).