Southland Equity Partners LLC Sells 55 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Southland Equity Partners LLC trimmed its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.3% during the 4th quarter, HoldingsChannel reports. The fund owned 2,381 shares of the exchange traded fund’s stock after selling 55 shares during the quarter. Southland Equity Partners LLC’s holdings in SPDR Gold Shares were worth $577,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in GLD. Ashton Thomas Securities LLC acquired a new stake in shares of SPDR Gold Shares during the 3rd quarter worth approximately $28,000. Capital Performance Advisors LLP bought a new position in SPDR Gold Shares in the third quarter worth $35,000. Pittenger & Anderson Inc. bought a new position in SPDR Gold Shares in the third quarter worth $38,000. Sugarloaf Wealth Management LLC boosted its stake in SPDR Gold Shares by 78.9% during the third quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 71 shares in the last quarter. Finally, Maryland Capital Advisors Inc. bought a new stake in SPDR Gold Shares in the 3rd quarter valued at $40,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.1 %

NYSEARCA:GLD opened at $254.07 on Friday. The company has a 50-day moving average of $244.59 and a 200-day moving average of $239.07. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $257.71.

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).