SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Financial Partners Group Inc

Financial Partners Group Inc lowered its position in SPDR Gold Shares (NYSEARCA:GLD) by 7.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,934 shares of the exchange traded fund’s stock after selling 234 shares during the quarter. Financial Partners Group Inc’s holdings in SPDR Gold Shares were worth $710,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC purchased a new stake in shares of SPDR Gold Shares during the 3rd quarter worth about $28,000. Capital Performance Advisors LLP acquired a new position in SPDR Gold Shares during the third quarter valued at approximately $35,000. Pittenger & Anderson Inc. purchased a new stake in SPDR Gold Shares during the third quarter worth approximately $38,000. Sugarloaf Wealth Management LLC increased its position in shares of SPDR Gold Shares by 78.9% in the third 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 in the last quarter. Finally, Maryland Capital Advisors Inc. purchased a new position in shares of SPDR Gold Shares in the 3rd quarter valued at $40,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.2 %

Shares of SPDR Gold Shares stock opened at $258.56 on Monday. SPDR Gold Shares has a twelve month low of $183.78 and a twelve month high of $259.99. The company has a fifty day moving average price of $246.38 and a 200 day moving average price of $240.71.

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).