Strategic Wealth Investment Group LLC Sells 3,186 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Strategic Wealth Investment Group LLC reduced its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 3.3% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 93,566 shares of the exchange traded fund’s stock after selling 3,186 shares during the quarter. SPDR Gold Shares accounts for about 1.5% of Strategic Wealth Investment Group LLC’s investment portfolio, making the stock its 19th largest position. Strategic Wealth Investment Group LLC’s holdings in SPDR Gold Shares were worth $22,655,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sanctuary Advisors LLC bought a new stake in SPDR Gold Shares during the second quarter worth about $15,135,000. Centaurus Financial Inc. lifted its position in SPDR Gold Shares by 10.1% in the 2nd quarter. Centaurus Financial Inc. now owns 39,597 shares of the exchange traded fund’s stock worth $8,514,000 after buying an additional 3,630 shares during the last quarter. Paragon Capital Management Inc. purchased a new stake in SPDR Gold Shares in the second quarter worth approximately $200,000. Bridge Advisory LLC bought a new position in SPDR Gold Shares during the third quarter valued at approximately $1,521,000. Finally, M&R Capital Management Inc. lifted its holdings in shares of SPDR Gold Shares by 4.2% in the 3rd quarter. M&R Capital Management Inc. now owns 2,470 shares of the exchange traded fund’s stock worth $600,000 after acquiring an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.5 %

Shares of SPDR Gold Shares stock 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 company has a fifty day moving average of $245.98 and a 200-day moving average of $240.26.

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).