Hanson McClain Inc. Has $647,000 Holdings in SPDR Gold Shares (GLD)

Hanson McClain Inc. trimmed its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.8% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,302 shares of the exchange traded fund’s stock after selling 151 shares during the period. Hanson McClain Inc.’s holdings in SPDR Gold Shares were worth $647,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Live Your Vision LLC boosted its stake in SPDR Gold Shares by 263.5% during the 1st quarter. Live Your Vision LLC now owns 229 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 166 shares during the period. First Personal Financial Services bought a new stake in shares of SPDR Gold Shares in the 4th quarter worth approximately $29,000. ERTS Wealth Advisors LLC bought a new stake in shares of SPDR Gold Shares in the 4th quarter worth approximately $30,000. Nalls Sherbakoff Group LLC acquired a new stake in shares of SPDR Gold Shares during the fourth quarter valued at approximately $35,000. Finally, Howe & Rusling Inc. raised its holdings in shares of SPDR Gold Shares by 81.8% during the first quarter. Howe & Rusling Inc. now owns 289 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 130 shares during the period.

Shares of GLD stock traded down $0.87 during trading hours on Thursday, reaching $121.52. 322,695 shares of the stock traded hands, compared to its average volume of 7,592,066. SPDR Gold Shares has a 1-year low of $111.06 and a 1-year high of $127.21.

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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).

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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