SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Capital Management Associates Inc

Capital Management Associates Inc decreased its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 47.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,117 shares of the exchange traded fund’s stock after selling 994 shares during the quarter. Capital Management Associates Inc’s holdings in SPDR Gold Shares were worth $270,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Shepherd Financial Partners LLC acquired a new position in shares of SPDR Gold Shares in the 4th quarter worth $245,000. BLB&B Advisors LLC increased its stake in SPDR Gold Shares by 5.7% in the 4th quarter. BLB&B Advisors LLC now owns 2,507 shares of the exchange traded fund’s stock worth $607,000 after purchasing an additional 135 shares in the last quarter. Landmark Wealth Management Inc. raised its holdings in SPDR Gold Shares by 4.0% during the 4th quarter. Landmark Wealth Management Inc. now owns 10,524 shares of the exchange traded fund’s stock worth $2,548,000 after buying an additional 408 shares during the period. Golden State Wealth Management LLC purchased a new stake in SPDR Gold Shares during the fourth quarter valued at about $3,188,000. Finally, FFG Partners LLC boosted its holdings in shares of SPDR Gold Shares by 0.7% in the fourth quarter. FFG Partners LLC now owns 79,895 shares of the exchange traded fund’s stock worth $19,345,000 after buying an additional 545 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

GLD stock opened at $263.90 on Friday. SPDR Gold Shares has a 52-week low of $183.78 and a 52-week high of $266.35. The company’s 50 day simple moving average is $247.93 and its 200-day simple moving average is $241.64.

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).