Clearview Wealth Advisors LLC Decreases Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Clearview Wealth Advisors LLC lowered its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,642 shares of the exchange traded fund’s stock after selling 43 shares during the quarter. Clearview Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $398,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Romano Brothers AND Company boosted its stake in SPDR Gold Shares by 1.0% during the third quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock worth $1,002,000 after buying an additional 40 shares during the period. Magnus Financial Group LLC grew its holdings in SPDR Gold Shares by 0.6% during the 4th quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock valued at $1,780,000 after purchasing an additional 41 shares during the last quarter. Spinnaker Trust raised its position in SPDR Gold Shares by 1.1% in the 3rd quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock worth $956,000 after purchasing an additional 43 shares during the period. Adirondack Trust Co. raised its position in SPDR Gold Shares by 3.3% in the 4th quarter. Adirondack Trust Co. now owns 1,349 shares of the exchange traded fund’s stock worth $327,000 after purchasing an additional 43 shares during the period. Finally, Compton Wealth Advisory Group LLC lifted its stake in SPDR Gold Shares by 3.2% in the third quarter. Compton Wealth Advisory Group LLC now owns 1,409 shares of the exchange traded fund’s stock worth $342,000 after purchasing an additional 44 shares during the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Up 0.2 %

Shares of NYSEARCA GLD opened at $258.56 on Friday. SPDR Gold Shares has a fifty-two week low of $183.78 and a fifty-two week high of $259.99. The business’s 50 day moving average price is $246.38 and its 200-day moving average price is $240.62.

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).