SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Maltin Wealth Management Inc.

Maltin Wealth Management Inc. trimmed its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 8.8% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 990 shares of the exchange traded fund’s stock after selling 96 shares during the period. Maltin Wealth Management Inc.’s holdings in SPDR Gold Shares were worth $241,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. TKG Advisors LLC lifted its stake in SPDR Gold Shares by 0.7% during the fourth quarter. TKG Advisors LLC now owns 15,224 shares of the exchange traded fund’s stock worth $2,910,000 after purchasing an additional 110 shares in the last quarter. City Holding Co. raised its stake in shares of SPDR Gold Shares by 5.6% in the first quarter. City Holding Co. now owns 3,708 shares of the exchange traded fund’s stock valued at $763,000 after acquiring an additional 195 shares in the last quarter. St. Johns Investment Management Company LLC raised its stake in shares of SPDR Gold Shares by 5.7% in the first quarter. St. Johns Investment Management Company LLC now owns 27,729 shares of the exchange traded fund’s stock valued at $5,704,000 after acquiring an additional 1,492 shares in the last quarter. Bradley Foster & Sargent Inc. CT raised its stake in shares of SPDR Gold Shares by 0.8% in the fourth quarter. Bradley Foster & Sargent Inc. CT now owns 297,779 shares of the exchange traded fund’s stock valued at $56,926,000 after acquiring an additional 2,335 shares in the last quarter. Finally, Traynor Capital Management Inc. raised its stake in shares of SPDR Gold Shares by 19.9% in the first quarter. Traynor Capital Management Inc. now owns 1,720 shares of the exchange traded fund’s stock valued at $354,000 after acquiring an additional 285 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Up 1.2 %

Shares of NYSEARCA GLD traded up $2.89 during mid-day trading on Friday, hitting $245.71. The company had a trading volume of 3,177,673 shares, compared to its average volume of 7,003,525. SPDR Gold Shares has a 1-year low of $173.24 and a 1-year high of $247.37. The business’s 50-day simple moving average is $234.80 and its 200 day simple moving average is $223.14.

About SPDR Gold Shares

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).