JNBA Financial Advisors Sells 65 Shares of SPDR Gold Shares (NYSEARCA:GLD)

JNBA Financial Advisors lowered its position in SPDR Gold Shares (NYSEARCA:GLD) by 6.2% in the 3rd quarter, Holdings Channel reports. The fund owned 980 shares of the exchange traded fund’s stock after selling 65 shares during the quarter. JNBA Financial Advisors’ holdings in SPDR Gold Shares were worth $238,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Triad Wealth Partners LLC bought a new position in SPDR Gold Shares during the 2nd quarter valued at approximately $25,000. Semmax Financial Advisors Inc. increased its position in SPDR Gold Shares by 78.7% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 48 shares in the last quarter. Private Ocean LLC increased its position in SPDR Gold Shares by 155.1% during the 2nd quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 76 shares in the last quarter. Chris Bulman Inc bought a new position in SPDR Gold Shares during the 2nd quarter valued at approximately $29,000. Finally, EdgeRock Capital LLC bought a new position in SPDR Gold Shares during the 2nd quarter valued at approximately $37,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 3.0 %

GLD stock opened at $245.72 on Thursday. The business has a 50 day moving average of $243.51 and a 200 day moving average of $228.24. SPDR Gold Shares has a twelve month low of $179.11 and a twelve month high of $257.71.

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).