ARS Wealth Advisors Group LLC Sells 251 Shares of SPDR Gold Shares (NYSEARCA:GLD)

ARS Wealth Advisors Group LLC lessened its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 0.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 69,356 shares of the exchange traded fund’s stock after selling 251 shares during the period. SPDR Gold Shares accounts for 2.3% of ARS Wealth Advisors Group LLC’s portfolio, making the stock its 15th largest holding. ARS Wealth Advisors Group LLC’s holdings in SPDR Gold Shares were worth $16,793,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Semmax Financial Advisors Inc. grew its position in 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 during the last quarter. Ashton Thomas Securities LLC bought a new position in SPDR Gold Shares in the third quarter worth $28,000. Capital Performance Advisors LLP acquired a new position in shares of SPDR Gold Shares in the 3rd quarter valued at $35,000. Pittenger & Anderson Inc. acquired a new position in shares of SPDR Gold Shares in the 3rd quarter valued at $38,000. Finally, Sugarloaf Wealth Management LLC lifted its holdings in shares of SPDR Gold Shares by 78.9% during 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 period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of SPDR Gold Shares stock traded up $0.61 during midday trading on Wednesday, hitting $247.64. 764,973 shares of the company were exchanged, compared to its average volume of 5,843,370. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $257.71. The firm has a 50 day simple moving average of $243.74 and a 200-day simple moving average of $237.81.

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).