Evolution Wealth Advisors LLC Sells 10,307 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Evolution Wealth Advisors LLC decreased its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 15.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 57,540 shares of the exchange traded fund’s stock after selling 10,307 shares during the period. SPDR Gold Shares comprises 2.3% of Evolution Wealth Advisors LLC’s portfolio, making the stock its 7th largest holding. Evolution Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $13,932,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. Kelleher Financial Advisors increased its holdings in SPDR Gold Shares by 13.9% in the fourth quarter. Kelleher Financial Advisors now owns 3,917 shares of the exchange traded fund’s stock worth $948,000 after buying an additional 478 shares during the last quarter. Magnus Financial Group LLC increased its holdings in SPDR Gold Shares by 0.6% in the fourth quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock worth $1,780,000 after buying an additional 41 shares during the last quarter. Daymark Wealth Partners LLC increased its holdings in SPDR Gold Shares by 3.1% in the fourth quarter. Daymark Wealth Partners LLC now owns 2,297 shares of the exchange traded fund’s stock worth $556,000 after buying an additional 70 shares during the last quarter. LifeGuide Financial Advisors LLC increased its holdings in SPDR Gold Shares by 6.3% in the fourth quarter. LifeGuide Financial Advisors LLC now owns 2,022 shares of the exchange traded fund’s stock worth $490,000 after buying an additional 119 shares during the last quarter. Finally, Investment Advisory Group LLC increased its holdings in SPDR Gold Shares by 5.4% in the fourth quarter. Investment Advisory Group LLC now owns 3,026 shares of the exchange traded fund’s stock worth $733,000 after buying an additional 155 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

NYSEARCA:GLD opened at $254.43 on Thursday. The stock’s 50 day moving average price is $244.25 and its 200 day moving average price is $238.96. SPDR Gold Shares has a 52 week low of $183.78 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).