Mount Yale Investment Advisors LLC Sells 1,215 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Mount Yale Investment Advisors LLC lessened its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 5.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 19,500 shares of the exchange traded fund’s stock after selling 1,215 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in SPDR Gold Shares were worth $4,740,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in GLD. Toronto Dominion Bank lifted its position in shares of SPDR Gold Shares by 23.6% in the first quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock worth $1,162,217,000 after buying an additional 1,079,452 shares in the last quarter. International Assets Investment Management LLC raised its position in shares of SPDR Gold Shares by 21,571.1% during the 3rd quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock valued at $735,169,000 after buying an additional 3,010,682 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of SPDR Gold Shares by 2.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,128,933 shares of the exchange traded fund’s stock valued at $242,732,000 after purchasing an additional 28,683 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in SPDR Gold Shares by 7.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 1,007,710 shares of the exchange traded fund’s stock valued at $216,668,000 after buying an additional 70,290 shares during the period. Finally, Raymond James Financial Services Advisors Inc. raised its holdings in SPDR Gold Shares by 6.8% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 857,981 shares of the exchange traded fund’s stock valued at $184,474,000 after buying an additional 54,974 shares during the period. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Up 0.8 %

NYSEARCA GLD opened at $252.76 on Friday. SPDR Gold Shares has a 52 week low of $179.11 and a 52 week high of $253.94. The company has a fifty day moving average of $239.18 and a two-hundred day moving average of $225.85.

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).