Intelligence Driven Advisers LLC Sells 184 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Intelligence Driven Advisers LLC cut its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 4.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,974 shares of the exchange traded fund’s stock after selling 184 shares during the quarter. Intelligence Driven Advisers LLC’s holdings in SPDR Gold Shares were worth $966,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of GLD. Semmax Financial Advisors Inc. grew its holdings in shares of SPDR Gold Shares by 78.7% in the second 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. Triad Wealth Partners LLC purchased a new position in shares of SPDR Gold Shares in the second quarter valued at about $25,000. Ashton Thomas Securities LLC bought a new position in shares of SPDR Gold Shares during the third quarter valued at about $28,000. Private Ocean LLC grew its stake in shares of SPDR Gold Shares by 155.1% in the second quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 76 shares during the last quarter. Finally, Chris Bulman Inc purchased a new position in SPDR Gold Shares during the 2nd quarter valued at about $29,000. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Trading Down 0.5 %

NYSEARCA GLD traded down $1.10 on Thursday, hitting $236.53. The company’s stock had a trading volume of 1,038,564 shares, compared to its average volume of 7,019,379. The company’s 50-day simple moving average is $244.74 and its 200 day simple moving average is $229.21. SPDR Gold Shares has a 52-week low of $181.31 and a 52-week high of $257.71.

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).