WealthPLAN Partners LLC cut its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 50.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,115 shares of the exchange traded fund’s stock after selling 2,124 shares during the period. WealthPLAN Partners LLC’s holdings in SPDR Gold Shares were worth $455,000 at the end of the most recent quarter.
A number of other large investors have also recently added to or reduced their stakes in the business. Aveo Capital Partners LLC raised its position in shares of SPDR Gold Shares by 116.1% during the fourth quarter. Aveo Capital Partners LLC now owns 23,077 shares of the exchange traded fund’s stock worth $4,412,000 after purchasing an additional 12,396 shares during the period. Gryphon Financial Partners LLC raised its holdings in SPDR Gold Shares by 628.7% during the 4th quarter. Gryphon Financial Partners LLC now owns 3,352 shares of the exchange traded fund’s stock worth $632,000 after buying an additional 2,892 shares during the period. Vanguard Personalized Indexing Management LLC lifted its stake in SPDR Gold Shares by 23.6% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 1,487 shares of the exchange traded fund’s stock valued at $284,000 after buying an additional 284 shares in the last quarter. Great Lakes Advisors LLC boosted its holdings in shares of SPDR Gold Shares by 29.2% in the fourth quarter. Great Lakes Advisors LLC now owns 5,844 shares of the exchange traded fund’s stock worth $1,117,000 after buying an additional 1,322 shares during the period. Finally, Sachetta LLC purchased a new position in shares of SPDR Gold Shares in the fourth quarter worth approximately $255,000. 42.19% of the stock is currently owned by institutional investors.
SPDR Gold Shares Stock Performance
GLD stock opened at $237.34 on Wednesday. SPDR Gold Shares has a 52-week low of $168.30 and a 52-week high of $239.28. The company’s 50 day simple moving average is $227.88 and its 200-day simple moving average is $218.27.
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).
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