Wolf Group Capital Advisors Lowers Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Wolf Group Capital Advisors reduced its position in SPDR Gold Shares (NYSEARCA:GLD) by 8.4% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 1,687 shares of the exchange traded fund’s stock after selling 155 shares during the quarter. Wolf Group Capital Advisors’ holdings in SPDR Gold Shares were worth $363,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Ballast Inc. raised its holdings in SPDR Gold Shares by 3.6% during the second quarter. Ballast Inc. now owns 1,295 shares of the exchange traded fund’s stock worth $278,000 after purchasing an additional 45 shares in the last quarter. Burkett Financial Services LLC raised its stake in shares of SPDR Gold Shares by 9.9% during the 2nd quarter. Burkett Financial Services LLC now owns 512 shares of the exchange traded fund’s stock worth $110,000 after buying an additional 46 shares in the last quarter. Apollon Financial LLC lifted its holdings in shares of SPDR Gold Shares by 1.7% in the 2nd quarter. Apollon Financial LLC now owns 2,809 shares of the exchange traded fund’s stock valued at $604,000 after buying an additional 47 shares during the period. KG&L Capital Management LLC boosted its stake in shares of SPDR Gold Shares by 2.2% in the first quarter. KG&L Capital Management LLC now owns 2,205 shares of the exchange traded fund’s stock valued at $454,000 after buying an additional 48 shares in the last quarter. Finally, Signaturefd LLC grew its holdings in SPDR Gold Shares by 0.4% during the first quarter. Signaturefd LLC now owns 12,803 shares of the exchange traded fund’s stock worth $2,634,000 after acquiring an additional 49 shares during the period. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 0.7 %

NYSEARCA:GLD opened at $231.29 on Friday. SPDR Gold Shares has a 1 year low of $168.30 and a 1 year high of $234.01. The stock has a fifty day moving average price of $223.46 and a two-hundred day moving average price of $213.70.

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).