Relyea Zuckerberg Hanson LLC Sells 2,487 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Relyea Zuckerberg Hanson LLC lessened its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 17.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 11,691 shares of the exchange traded fund’s stock after selling 2,487 shares during the period. Relyea Zuckerberg Hanson LLC’s holdings in SPDR Gold Shares were worth $2,831,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in GLD. Wealth Alliance raised its position in SPDR Gold Shares by 36.9% during the second quarter. Wealth Alliance now owns 2,959 shares of the exchange traded fund’s stock worth $636,000 after acquiring an additional 798 shares in the last quarter. Argent Trust Co increased its stake in shares of SPDR Gold Shares by 3.9% during the 2nd quarter. Argent Trust Co now owns 11,539 shares of the exchange traded fund’s stock worth $2,481,000 after purchasing an additional 436 shares during the last quarter. Blair William & Co. IL raised its holdings in shares of SPDR Gold Shares by 1.5% in the 2nd quarter. Blair William & Co. IL now owns 162,155 shares of the exchange traded fund’s stock valued at $34,865,000 after purchasing an additional 2,408 shares during the period. Thomist Capital Management LP acquired a new stake in SPDR Gold Shares in the 2nd quarter valued at about $7,276,000. Finally, Middleton & Co. Inc. MA grew its holdings in SPDR Gold Shares by 15.4% during the second quarter. Middleton & Co. Inc. MA now owns 1,235 shares of the exchange traded fund’s stock worth $266,000 after purchasing an additional 165 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

NYSEARCA GLD traded down $0.11 during trading on Friday, reaching $250.49. 707,795 shares of the company’s stock were exchanged, compared to its average volume of 6,167,887. SPDR Gold Shares has a fifty-two week low of $183.78 and a fifty-two week high of $257.71. The business has a 50 day moving average price of $243.81 and a 200-day moving average price of $237.89.

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).