SageView Advisory Group LLC Sells 140 Shares of SPDR Gold Shares (NYSEARCA:GLD)

SageView Advisory Group LLC cut its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 3.3% during the third quarter, Holdings Channel reports. The firm owned 4,148 shares of the exchange traded fund’s stock after selling 140 shares during the quarter. SageView Advisory Group LLC’s holdings in SPDR Gold Shares were worth $1,008,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. International Assets Investment Management LLC raised its holdings in shares of SPDR Gold Shares by 21,571.1% during the 3rd quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock worth $735,169,000 after acquiring an additional 3,010,682 shares in the last quarter. Arizona PSPRS Trust purchased a new stake in SPDR Gold Shares during the second quarter valued at $157,187,000. Strategic Financial Concepts LLC lifted its position in SPDR Gold Shares by 9,654.6% during the second quarter. Strategic Financial Concepts LLC now owns 550,450 shares of the exchange traded fund’s stock valued at $1,184,000 after purchasing an additional 544,807 shares during the last quarter. Granite Bay Wealth Management LLC grew its stake in shares of SPDR Gold Shares by 25,320.8% in the 2nd quarter. Granite Bay Wealth Management LLC now owns 516,551 shares of the exchange traded fund’s stock worth $111,854,000 after buying an additional 514,519 shares in the last quarter. Finally, Cerity Partners OCIO LLC bought a new stake in shares of SPDR Gold Shares in the 2nd quarter worth about $78,434,000. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Down 0.7 %

Shares of NYSEARCA:GLD opened at $242.86 on Friday. The company has a 50-day moving average price of $246.40 and a 200 day moving average price of $232.11. SPDR Gold Shares has a 12 month low of $183.15 and a 12 month high of $257.71.

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).