Rockwood Wealth Management LLC Reduces Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

Rockwood Wealth Management LLC trimmed its position in SPDR Gold Shares (NYSEARCA:GLD) by 12.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,005 shares of the exchange traded fund’s stock after selling 145 shares during the period. Rockwood Wealth Management LLC’s holdings in SPDR Gold Shares were worth $242,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Crescent Grove Advisors LLC raised its position in shares of SPDR Gold Shares by 3.7% in the fourth quarter. Crescent Grove Advisors LLC now owns 6,184 shares of the exchange traded fund’s stock valued at $1,497,000 after buying an additional 218 shares during the last quarter. KFG Wealth Management LLC grew its stake in SPDR Gold Shares by 3.7% in the 4th quarter. KFG Wealth Management LLC now owns 6,229 shares of the exchange traded fund’s stock worth $1,508,000 after acquiring an additional 225 shares during the period. Jamison Private Wealth Management Inc. raised its holdings in SPDR Gold Shares by 493.1% in the 4th quarter. Jamison Private Wealth Management Inc. now owns 4,276 shares of the exchange traded fund’s stock valued at $1,035,000 after acquiring an additional 3,555 shares during the last quarter. Archford Capital Strategies LLC lifted its stake in shares of SPDR Gold Shares by 3.3% during the 4th quarter. Archford Capital Strategies LLC now owns 2,564 shares of the exchange traded fund’s stock worth $621,000 after purchasing an additional 83 shares during the period. Finally, Moody Lynn & Lieberson LLC boosted its holdings in shares of SPDR Gold Shares by 1.9% during the fourth quarter. Moody Lynn & Lieberson LLC now owns 187,402 shares of the exchange traded fund’s stock worth $45,376,000 after purchasing an additional 3,453 shares during the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Up 0.6 %

SPDR Gold Shares stock opened at $255.65 on Friday. The stock has a fifty day moving average price of $245.31 and a 200 day moving average price of $239.43. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $257.71.

SPDR Gold Shares 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).