PYA Waltman Capital LLC Decreases Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

PYA Waltman Capital LLC lessened its stake in SPDR Gold Shares (NYSEARCA:GLD) by 9.7% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,138 shares of the exchange traded fund’s stock after selling 443 shares during the quarter. PYA Waltman Capital LLC’s holdings in SPDR Gold Shares were worth $1,006,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in GLD. Triad Wealth Partners LLC acquired a new stake in shares of SPDR Gold Shares in the second quarter worth approximately $25,000. Semmax Financial Advisors Inc. lifted its holdings in 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 valued at $25,000 after purchasing an additional 48 shares in the last quarter. Private Ocean LLC boosted its stake in SPDR Gold Shares by 155.1% during the 2nd quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 76 shares during the last quarter. Ashton Thomas Securities LLC purchased a new stake in shares of SPDR Gold Shares during the third quarter worth $28,000. Finally, Chris Bulman Inc acquired a new stake in shares of SPDR Gold Shares in the second quarter valued at about $29,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

GLD stock opened at $242.95 on Monday. SPDR Gold Shares has a 1 year low of $183.15 and a 1 year high of $257.71. The business has a 50 day simple moving average of $246.36 and a 200-day simple moving average of $232.38.

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).