SPDR Gold Shares (NYSEARCA:GLD) Stock Holdings Lowered by D. Scott Neal Inc.

D. Scott Neal Inc. decreased its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 101,864 shares of the exchange traded fund’s stock after selling 1,088 shares during the quarter. SPDR Gold Shares accounts for 16.3% of D. Scott Neal Inc.’s portfolio, making the stock its largest position. D. Scott Neal Inc.’s holdings in SPDR Gold Shares were worth $29,351,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in SPDR Gold Shares by 6.6% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 568 shares of the exchange traded fund’s stock worth $164,000 after purchasing an additional 35 shares during the last quarter. Marcum Wealth LLC boosted its holdings in SPDR Gold Shares by 4.3% in the first quarter. Marcum Wealth LLC now owns 954 shares of the exchange traded fund’s stock worth $275,000 after purchasing an additional 39 shares during the last quarter. Clarus Group Inc. boosted its holdings in 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 purchasing an additional 40 shares during the last quarter. Kellett Wealth Advisors LLC boosted its holdings in SPDR Gold Shares by 3.6% in the fourth quarter. Kellett Wealth Advisors LLC now owns 1,160 shares of the exchange traded fund’s stock worth $281,000 after purchasing an additional 40 shares during the last quarter. Finally, Wealth Advisors of Iowa LLC raised its position in SPDR Gold Shares by 3.9% in the fourth quarter. Wealth Advisors of Iowa LLC now owns 1,070 shares of the exchange traded fund’s stock worth $259,000 after acquiring an additional 40 shares during the period. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 1.3%

GLD opened at $305.18 on Friday. SPDR Gold Shares has a 1-year low of $211.54 and a 1-year high of $317.63. The company has a market capitalization of $99.79 billion, a PE ratio of -32.43 and a beta of 0.11. The firm’s 50 day simple moving average is $300.63 and its two-hundred day simple moving average is $272.44.

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).