SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Modus Advisors LLC

Modus Advisors LLC cut its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 1.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 7,416 shares of the exchange traded fund’s stock after selling 87 shares during the period. Modus Advisors LLC’s holdings in SPDR Gold Shares were worth $1,796,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. SMART Wealth LLC boosted its holdings in shares of SPDR Gold Shares by 39.0% during the third quarter. SMART Wealth LLC now owns 10,139 shares of the exchange traded fund’s stock valued at $2,464,000 after acquiring an additional 2,845 shares during the period. B. Riley Wealth Advisors Inc. lifted its position in SPDR Gold Shares by 0.5% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 76,708 shares of the exchange traded fund’s stock valued at $18,748,000 after purchasing an additional 376 shares during the last quarter. Copley Financial Group Inc. acquired a new position in SPDR Gold Shares during the 3rd quarter valued at about $71,000. FFG Partners LLC grew its position in SPDR Gold Shares by 2.0% in the 3rd quarter. FFG Partners LLC now owns 79,350 shares of the exchange traded fund’s stock worth $19,287,000 after purchasing an additional 1,518 shares during the last quarter. Finally, Capasso Planning Partners LLC increased its stake in shares of SPDR Gold Shares by 34.3% in the third quarter. Capasso Planning Partners LLC now owns 8,581 shares of the exchange traded fund’s stock valued at $2,086,000 after purchasing an additional 2,193 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA GLD traded down $1.58 during midday trading on Friday, hitting $243.84. 1,222,500 shares of the company’s stock were exchanged, compared to its average volume of 3,570,237. SPDR Gold Shares has a twelve month low of $183.78 and a twelve month high of $257.71. The stock’s 50 day moving average price is $245.11 and its 200-day moving average price is $235.81.

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).