SPDR Gold Shares (NYSEARCA:GLD) Stock Holdings Reduced by Hansen & Associates Financial Group Inc.

Hansen & Associates Financial Group Inc. reduced its position in SPDR Gold Shares (NYSEARCA:GLD) by 74.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,899 shares of the exchange traded fund’s stock after selling 25,668 shares during the quarter. SPDR Gold Shares makes up about 1.1% of Hansen & Associates Financial Group Inc.’s holdings, making the stock its 10th largest position. Hansen & Associates Financial Group Inc.’s holdings in SPDR Gold Shares were worth $2,148,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in GLD. Norris Perne & French LLP MI boosted its holdings in SPDR Gold Shares by 8.9% in the 4th quarter. Norris Perne & French LLP MI now owns 1,045 shares of the exchange traded fund’s stock worth $253,000 after buying an additional 85 shares during the period. Calton & Associates Inc. lifted its position in shares of SPDR Gold Shares by 23.3% during the fourth quarter. Calton & Associates Inc. now owns 6,076 shares of the exchange traded fund’s stock worth $1,471,000 after acquiring an additional 1,148 shares in the last quarter. Fifth Third Securities Inc. boosted its holdings in shares of SPDR Gold Shares by 38.0% in the fourth quarter. Fifth Third Securities Inc. now owns 51,665 shares of the exchange traded fund’s stock worth $12,510,000 after acquiring an additional 14,228 shares during the period. M Wealth Management LLC purchased a new position in shares of SPDR Gold Shares in the fourth quarter valued at $731,000. Finally, Crews Bank & Trust bought a new stake in shares of SPDR Gold Shares during the 4th quarter valued at $57,000. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA GLD opened at $258.05 on Friday. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $258.29. The business has a 50-day simple moving average of $245.98 and a two-hundred day simple moving average of $240.26.

About SPDR Gold Shares

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).