Teamwork Financial Advisors LLC Sells 49,535 Shares of SPDR Gold Shares $GLD

Teamwork Financial Advisors LLC cut its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 97.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,196 shares of the exchange traded fund’s stock after selling 49,535 shares during the period. Teamwork Financial Advisors LLC’s holdings in SPDR Gold Shares were worth $425,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Laurel Wealth Advisors LLC grew its stake in shares of SPDR Gold Shares by 31,232.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,922,406 shares of the exchange traded fund’s stock valued at $890,837,000 after acquiring an additional 2,913,079 shares during the period. Ameriprise Financial Inc. raised its position in shares of SPDR Gold Shares by 12.2% during the first quarter. Ameriprise Financial Inc. now owns 1,556,698 shares of the exchange traded fund’s stock valued at $450,902,000 after buying an additional 169,005 shares during the last quarter. 59 North Capital Management LP raised its position in shares of SPDR Gold Shares by 76.4% during the first quarter. 59 North Capital Management LP now owns 1,263,196 shares of the exchange traded fund’s stock valued at $363,977,000 after buying an additional 547,018 shares during the last quarter. Corient Private Wealth LLC lifted its holdings in shares of SPDR Gold Shares by 108.1% in the second quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock worth $327,500,000 after buying an additional 559,507 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its stake in SPDR Gold Shares by 15.4% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 854,436 shares of the exchange traded fund’s stock worth $260,458,000 after purchasing an additional 114,028 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 0.2%

Shares of SPDR Gold Shares stock opened at $398.57 on Friday. The firm has a market cap of $144.24 billion, a PE ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 12 month low of $238.73 and a 12 month high of $403.30. The stock has a 50 day moving average of $380.89 and a 200 day moving average of $340.90.

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).