Wisconsin Wealth Advisors LLC Sells 4,613 Shares of SPDR Gold Shares $GLD

Wisconsin Wealth Advisors LLC cut its position in SPDR Gold Shares (NYSEARCA:GLD) by 27.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,050 shares of the exchange traded fund’s stock after selling 4,613 shares during the quarter. SPDR Gold Shares comprises approximately 4.2% of Wisconsin Wealth Advisors LLC’s holdings, making the stock its 4th biggest position. Wisconsin Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $3,673,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of SPDR Gold Shares in the first quarter valued at approximately $30,000. Stone House Investment Management LLC acquired a new stake in SPDR Gold Shares during the first quarter worth approximately $34,000. Traub Capital Management LLC bought a new stake in shares of SPDR Gold Shares during the second quarter worth approximately $34,000. Legacy Wealth Managment LLC ID increased its stake in shares of SPDR Gold Shares by 51.1% during the first quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 46 shares during the period. Finally, First Command Advisory Services Inc. acquired a new stake in SPDR Gold Shares during the 2nd quarter worth approximately $43,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of NYSEARCA GLD opened at $377.08 on Thursday. The firm has a market cap of $136.47 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. The stock’s fifty day moving average price is $364.70 and its two-hundred day moving average price is $328.83. SPDR Gold Shares has a one year low of $238.73 and a one year high of $403.30.

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).