Traynor Capital Management Inc. Sells 256 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Traynor Capital Management Inc. decreased its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 16.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,269 shares of the exchange traded fund’s stock after selling 256 shares during the period. Traynor Capital Management Inc.’s holdings in SPDR Gold Shares were worth $307,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of GLD. 1832 Asset Management L.P. raised its stake in SPDR Gold Shares by 1.6% in the second quarter. 1832 Asset Management L.P. now owns 5,115 shares of the exchange traded fund’s stock valued at $1,100,000 after buying an additional 80 shares during the last quarter. AQR Capital Management LLC raised its position in shares of SPDR Gold Shares by 4.2% in the 2nd quarter. AQR Capital Management LLC now owns 94,939 shares of the exchange traded fund’s stock valued at $20,413,000 after purchasing an additional 3,839 shares during the last quarter. Delta Investment Management LLC boosted its stake in SPDR Gold Shares by 22.3% in the 2nd quarter. Delta Investment Management LLC now owns 6,808 shares of the exchange traded fund’s stock worth $1,464,000 after purchasing an additional 1,241 shares in the last quarter. Dimension Capital Management LLC grew its position in SPDR Gold Shares by 3.2% during the 2nd quarter. Dimension Capital Management LLC now owns 187,467 shares of the exchange traded fund’s stock worth $40,307,000 after purchasing an additional 5,770 shares during the last quarter. Finally, Daymark Wealth Partners LLC increased its stake in SPDR Gold Shares by 33.4% during the 2nd quarter. Daymark Wealth Partners LLC now owns 2,236 shares of the exchange traded fund’s stock valued at $481,000 after purchasing an additional 560 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Down 0.1 %

NYSEARCA:GLD opened at $254.07 on Friday. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $257.71. The firm has a fifty day simple moving average of $244.59 and a 200-day simple moving average of $239.07.

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).