SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by 5th Street Advisors LLC

5th Street Advisors LLC trimmed its position in SPDR Gold Shares (NYSEARCA:GLD) by 6.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 25,832 shares of the exchange traded fund’s stock after selling 1,635 shares during the period. SPDR Gold Shares comprises about 3.3% of 5th Street Advisors LLC’s portfolio, making the stock its 13th largest holding. 5th Street Advisors LLC’s holdings in SPDR Gold Shares were worth $6,255,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of GLD. RDA Financial Network increased its position in shares of SPDR Gold Shares by 1.8% during the third quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock worth $1,231,000 after purchasing an additional 88 shares in the last quarter. Advance Capital Management Inc. grew its holdings in shares of SPDR Gold Shares by 9.4% during the fourth quarter. Advance Capital Management Inc. now owns 3,683 shares of the exchange traded fund’s stock worth $892,000 after buying an additional 316 shares in the last quarter. GSA Capital Partners LLP acquired a new stake in shares of SPDR Gold Shares in the third quarter valued at about $564,000. Beaird Harris Wealth Management LLC lifted its stake in shares of SPDR Gold Shares by 25.4% in the third quarter. Beaird Harris Wealth Management LLC now owns 2,051 shares of the exchange traded fund’s stock worth $499,000 after buying an additional 416 shares in the last quarter. Finally, ORG Wealth Partners LLC acquired a new position in SPDR Gold Shares during the third quarter worth about $46,000. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Down 0.3 %

Shares of NYSEARCA GLD opened at $263.43 on Friday. SPDR Gold Shares has a 12-month low of $183.78 and a 12-month high of $265.99. The company has a 50-day moving average of $247.54 and a 200 day moving average of $241.49.

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).