Simplicity Wealth LLC Sells 4,149 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Simplicity Wealth LLC decreased its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 57.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,123 shares of the exchange traded fund’s stock after selling 4,149 shares during the quarter. Simplicity Wealth LLC’s holdings in SPDR Gold Shares were worth $756,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in GLD. Capital Performance Advisors LLP bought a new position in SPDR Gold Shares in the 3rd quarter valued at about $35,000. Leavell Investment Management Inc. lifted its position in SPDR Gold Shares by 9.0% in the 3rd quarter. Leavell Investment Management Inc. now owns 2,856 shares of the exchange traded fund’s stock valued at $694,000 after acquiring an additional 237 shares in the last quarter. Verdence Capital Advisors LLC lifted its position in SPDR Gold Shares by 1.6% in the 3rd quarter. Verdence Capital Advisors LLC now owns 5,753 shares of the exchange traded fund’s stock valued at $1,398,000 after acquiring an additional 92 shares in the last quarter. Assetmark Inc. lifted its position in SPDR Gold Shares by 36.2% in the 3rd quarter. Assetmark Inc. now owns 71,863 shares of the exchange traded fund’s stock valued at $17,467,000 after acquiring an additional 19,107 shares in the last quarter. Finally, Objective Capital Management LLC bought a new position in SPDR Gold Shares in the 3rd quarter valued at about $220,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

NYSEARCA:GLD opened at $268.39 on Monday. The firm has a market cap of $80.68 billion, a price-to-earnings ratio of -28.59 and a beta of 0.20. SPDR Gold Shares has a 52 week low of $198.94 and a 52 week high of $272.32. The firm has a 50-day moving average price of $258.24 and a two-hundred day moving average price of $248.27.

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).