SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Stephens Consulting LLC

Stephens Consulting LLC cut its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 28.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 2,020 shares of the exchange traded fund’s stock after selling 803 shares during the quarter. Stephens Consulting LLC’s holdings in SPDR Gold Shares were worth $489,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. RDA Financial Network boosted its position in shares of SPDR Gold Shares by 1.8% during the 3rd quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock valued at $1,231,000 after purchasing an additional 88 shares in the last quarter. Advance Capital Management Inc. grew its position in SPDR Gold Shares by 9.4% in 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 during the last quarter. GSA Capital Partners LLP bought a new position in shares of SPDR Gold Shares in the third quarter valued at $564,000. Beaird Harris Wealth Management LLC lifted its position in shares of SPDR Gold Shares by 25.4% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 2,051 shares of the exchange traded fund’s stock valued at $499,000 after acquiring an additional 416 shares during the last quarter. Finally, ORG Wealth Partners LLC bought a new stake in shares of SPDR Gold Shares during the 3rd quarter worth $46,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA GLD opened at $259.94 on Tuesday. The stock’s fifty day simple moving average is $246.38 and its 200 day simple moving average is $240.80. SPDR Gold Shares has a 52-week low of $183.78 and a 52-week high of $261.39.

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).