Arrowroot Family Office LLC Sells 329 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Arrowroot Family Office LLC trimmed its position in SPDR Gold Shares (NYSEARCA:GLD) by 4.1% in the third quarter, according to its most recent filing with the SEC. The fund owned 7,602 shares of the exchange traded fund’s stock after selling 329 shares during the period. SPDR Gold Shares accounts for approximately 1.1% of Arrowroot Family Office LLC’s investment portfolio, making the stock its 24th biggest position. Arrowroot Family Office LLC’s holdings in SPDR Gold Shares were worth $1,848,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Obermeyer Wood Investment Counsel Lllp raised its stake in SPDR Gold Shares by 4.4% during the second quarter. Obermeyer Wood Investment Counsel Lllp now owns 11,645 shares of the exchange traded fund’s stock worth $2,504,000 after buying an additional 490 shares during the last quarter. Linden Thomas Advisory Services LLC lifted its stake in shares of SPDR Gold Shares by 5.1% in the 2nd quarter. Linden Thomas Advisory Services LLC now owns 4,945 shares of the exchange traded fund’s stock valued at $1,063,000 after purchasing an additional 239 shares during the period. RDA Financial Network lifted its stake in shares of SPDR Gold Shares by 1.8% in the 3rd quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock valued at $1,231,000 after purchasing an additional 88 shares during the period. Oxler Private Wealth LLC boosted its position in shares of SPDR Gold Shares by 48.9% during the 2nd quarter. Oxler Private Wealth LLC now owns 24,438 shares of the exchange traded fund’s stock valued at $5,254,000 after purchasing an additional 8,021 shares in the last quarter. Finally, Blue Fin Capital Inc. grew its stake in SPDR Gold Shares by 1.1% during the second quarter. Blue Fin Capital Inc. now owns 37,225 shares of the exchange traded fund’s stock worth $8,004,000 after purchasing an additional 388 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.9 %

Shares of GLD stock opened at $245.59 on Monday. The firm has a 50 day moving average of $246.53 and a 200-day moving average of $231.64. SPDR Gold Shares has a 52 week low of $183.15 and a 52 week high of $257.71.

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).