SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Wolff Wiese Magana LLC

Wolff Wiese Magana LLC lowered its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 17.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 551 shares of the exchange traded fund’s stock after selling 113 shares during the period. Wolff Wiese Magana LLC’s holdings in SPDR Gold Shares were worth $133,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Semmax Financial Advisors Inc. grew its holdings in shares of SPDR Gold Shares by 78.7% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 48 shares during the period. Ashton Thomas Securities LLC purchased a new stake in SPDR Gold Shares during the third quarter worth $28,000. Capital Performance Advisors LLP acquired a new stake in SPDR Gold Shares in the third quarter valued at $35,000. Pittenger & Anderson Inc. purchased a new position in shares of SPDR Gold Shares in the third quarter valued at $38,000. Finally, Sugarloaf Wealth Management LLC increased its position in shares of SPDR Gold Shares by 78.9% in the third quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 71 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Up 0.3 %

SPDR Gold Shares stock opened at $247.66 on Wednesday. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $257.71. The firm’s 50-day simple moving average is $243.74 and its 200 day simple moving average is $237.81.

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).