Ritter Daniher Financial Advisory LLC DE Trims Position in SPDR Gold Shares (NYSEARCA:GLD)

Ritter Daniher Financial Advisory LLC DE lowered its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 2.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,239 shares of the exchange traded fund’s stock after selling 50 shares during the period. Ritter Daniher Financial Advisory LLC DE’s holdings in SPDR Gold Shares were worth $544,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Romano Brothers AND Company increased its position in shares of 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. Delta Financial Group Inc. boosted its position in SPDR Gold Shares by 1.2% during the 3rd quarter. Delta Financial Group Inc. now owns 3,492 shares of the exchange traded fund’s stock worth $849,000 after purchasing an additional 41 shares during the period. Spinnaker Trust increased its holdings in 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. Compton Wealth Advisory Group LLC raised its position in SPDR Gold Shares by 3.2% in the third quarter. Compton Wealth Advisory Group LLC now owns 1,409 shares of the exchange traded fund’s stock valued at $342,000 after purchasing an additional 44 shares during the period. Finally, Ballast Inc. raised its position in SPDR Gold Shares by 3.6% in the second quarter. Ballast Inc. now owns 1,295 shares of the exchange traded fund’s stock valued at $278,000 after purchasing an additional 45 shares during the period. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Down 0.2 %

Shares of NYSEARCA GLD opened at $236.59 on Friday. SPDR Gold Shares has a 1-year low of $182.23 and a 1-year high of $257.71. The business has a 50-day moving average of $244.95 and a 200-day moving average of $229.53.

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).