SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Almanack Investment Partners LLC.

Almanack Investment Partners LLC. lowered its position in SPDR Gold Shares (NYSEARCA:GLD) by 21.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,851 shares of the exchange traded fund’s stock after selling 4,795 shares during the period. Almanack Investment Partners LLC.’s holdings in SPDR Gold Shares were worth $4,322,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Romano Brothers AND Company raised its position in SPDR Gold Shares by 1.0% in the third quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock worth $1,002,000 after acquiring an additional 40 shares in the last quarter. Magnus Financial Group LLC grew its stake in shares of SPDR Gold Shares by 0.6% during the 4th quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock worth $1,780,000 after purchasing an additional 41 shares during the period. Spinnaker Trust increased its holdings in shares of SPDR Gold Shares by 1.1% in the 3rd quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock valued at $956,000 after purchasing an additional 43 shares in the last quarter. Adirondack Trust Co. lifted its stake in shares of SPDR Gold Shares by 3.3% in the fourth quarter. Adirondack Trust Co. now owns 1,349 shares of the exchange traded fund’s stock valued at $327,000 after purchasing an additional 43 shares during the period. Finally, Compton Wealth Advisory Group LLC boosted its holdings in SPDR Gold Shares by 3.2% during the third quarter. Compton Wealth Advisory Group LLC now owns 1,409 shares of the exchange traded fund’s stock worth $342,000 after buying an additional 44 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

GLD opened at $263.90 on Friday. SPDR Gold Shares has a 1-year low of $183.78 and a 1-year high of $266.35. The stock’s 50 day simple moving average is $247.93 and its 200 day simple moving average is $241.64.

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).