Vance Wealth Inc. Sells 200 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Vance Wealth Inc. lowered its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 12.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,432 shares of the exchange traded fund’s stock after selling 200 shares during the quarter. Vance Wealth Inc.’s holdings in SPDR Gold Shares were worth $348,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of GLD. Ameritas Investment Partners Inc. grew its holdings in SPDR Gold Shares by 19.5% during the first quarter. Ameritas Investment Partners Inc. now owns 890 shares of the exchange traded fund’s stock worth $183,000 after buying an additional 145 shares in the last quarter. O Shaughnessy Asset Management LLC grew its holdings in SPDR Gold Shares by 15.1% during the first quarter. O Shaughnessy Asset Management LLC now owns 3,905 shares of the exchange traded fund’s stock worth $803,000 after buying an additional 513 shares in the last quarter. Lake Street Advisors Group LLC grew its holdings in SPDR Gold Shares by 44.4% during the first quarter. Lake Street Advisors Group LLC now owns 3,960 shares of the exchange traded fund’s stock worth $815,000 after buying an additional 1,217 shares in the last quarter. Evermay Wealth Management LLC grew its holdings in SPDR Gold Shares by 67.7% during the first quarter. Evermay Wealth Management LLC now owns 659 shares of the exchange traded fund’s stock worth $136,000 after buying an additional 266 shares in the last quarter. Finally, Elgethun Capital Management purchased a new position in SPDR Gold Shares in the first quarter worth $732,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

GLD stock opened at $241.09 on Tuesday. The stock’s fifty day simple moving average is $245.14 and its two-hundred day simple moving average is $229.84. SPDR Gold Shares has a 1-year low of $182.23 and a 1-year high of $257.71.

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).