Clean Yield Group Trims Stake in SPDR Gold Shares (NYSEARCA:GLD)

Clean Yield Group lowered its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 5.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 826 shares of the exchange traded fund’s stock after selling 50 shares during the period. Clean Yield Group’s holdings in SPDR Gold Shares were worth $200,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Semmax Financial Advisors Inc. boosted its holdings in shares of SPDR Gold Shares by 78.7% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 48 shares in the last quarter. Ashton Thomas Securities LLC purchased a new stake in SPDR Gold Shares in the third quarter worth approximately $28,000. Capital Performance Advisors LLP bought a new position in SPDR Gold Shares during the third quarter valued at approximately $35,000. Pittenger & Anderson Inc. purchased a new position in shares of SPDR Gold Shares during the third quarter worth approximately $38,000. Finally, Sugarloaf Wealth Management LLC lifted its holdings in shares of SPDR Gold Shares by 78.9% in the 3rd quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 71 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

GLD traded down $2.83 on Monday, hitting $245.38. 7,473,011 shares of the company were exchanged, compared to its average volume of 6,560,095. The firm has a fifty day simple moving average of $244.01 and a two-hundred day simple moving average of $237.37. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $257.71.

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).