SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Abich Financial Wealth Management LLC

Abich Financial Wealth Management LLC lessened its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 83.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 166 shares of the exchange traded fund’s stock after selling 810 shares during the quarter. Abich Financial Wealth Management LLC’s holdings in SPDR Gold Shares were worth $40,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. International Assets Investment Management LLC raised its stake in shares of SPDR Gold Shares by 21,571.1% during the 3rd quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock worth $735,169,000 after buying an additional 3,010,682 shares during the period. Toronto Dominion Bank lifted its position in SPDR Gold Shares by 23.6% during the first quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock worth $1,162,217,000 after buying an additional 1,079,452 shares in the last quarter. Arizona PSPRS Trust acquired a new position in SPDR Gold Shares during the second quarter worth $157,187,000. Cetera Investment Advisers grew its holdings in SPDR Gold Shares by 461.0% in the 1st quarter. Cetera Investment Advisers now owns 702,415 shares of the exchange traded fund’s stock valued at $144,501,000 after buying an additional 577,210 shares in the last quarter. Finally, Strategic Financial Concepts LLC raised its holdings in shares of SPDR Gold Shares by 9,654.6% during the 2nd quarter. Strategic Financial Concepts LLC now owns 550,450 shares of the exchange traded fund’s stock worth $1,184,000 after acquiring an additional 544,807 shares during the period. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

NYSEARCA:GLD traded up $2.17 on Tuesday, hitting $255.50. The stock had a trading volume of 1,447,452 shares, compared to its average volume of 6,935,382. The company has a fifty day moving average price of $240.56 and a two-hundred day moving average price of $226.66. SPDR Gold Shares has a 1-year low of $179.11 and a 1-year high of $255.54.

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).