WealthShield Partners LLC Sells 2,096 Shares of SPDR Gold Shares (NYSEARCA:GLD)

WealthShield Partners LLC reduced its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 30.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,705 shares of the exchange traded fund’s stock after selling 2,096 shares during the period. WealthShield Partners LLC’s holdings in SPDR Gold Shares were worth $1,139,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in GLD. Clarus Group Inc. lifted its stake in shares of SPDR Gold Shares by 2.2% in the fourth quarter. Clarus Group Inc. now owns 1,825 shares of the exchange traded fund’s stock worth $442,000 after acquiring an additional 40 shares during the period. Magnus Financial Group LLC lifted its stake in shares of SPDR Gold Shares by 0.6% in the fourth quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock worth $1,780,000 after acquiring an additional 41 shares during the period. Pittenger & Anderson Inc. lifted its stake in shares of SPDR Gold Shares by 25.9% in the fourth quarter. Pittenger & Anderson Inc. now owns 199 shares of the exchange traded fund’s stock worth $48,000 after acquiring an additional 41 shares during the period. Gradient Capital Advisors LLC lifted its stake in shares of SPDR Gold Shares by 0.7% in the fourth quarter. Gradient Capital Advisors LLC now owns 5,743 shares of the exchange traded fund’s stock worth $1,391,000 after acquiring an additional 42 shares during the period. Finally, Spinnaker Trust lifted its stake in shares of SPDR Gold Shares by 1.1% in the third quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock worth $956,000 after acquiring an additional 43 shares during the period. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Up 0.5 %

SPDR Gold Shares stock opened at $272.21 on Tuesday. The stock’s 50 day moving average is $253.55 and its 200 day moving average is $245.84. SPDR Gold Shares has a one year low of $187.53 and a one year high of $272.32.

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).