SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Wealth Advisory Solutions LLC

Wealth Advisory Solutions LLC decreased its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 5.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,501 shares of the exchange traded fund’s stock after selling 908 shares during the quarter. SPDR Gold Shares accounts for about 1.0% of Wealth Advisory Solutions LLC’s holdings, making the stock its 27th biggest position. Wealth Advisory Solutions LLC’s holdings in SPDR Gold Shares were worth $3,511,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of GLD. Proficio Capital Partners LLC grew its stake in SPDR Gold Shares by 24,245.2% in the 4th quarter. Proficio Capital Partners LLC now owns 60,753,703 shares of the exchange traded fund’s stock valued at $14,710,294,000 after acquiring an additional 60,504,152 shares during the last quarter. Strategic Financial Concepts LLC lifted its holdings in shares of SPDR Gold Shares by 24,600.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 608,876 shares of the exchange traded fund’s stock valued at $147,427,000 after purchasing an additional 606,411 shares in the last quarter. Diversify Advisory Services LLC grew its position in shares of SPDR Gold Shares by 446.0% in the fourth quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock valued at $59,410,000 after purchasing an additional 195,520 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its stake in shares of SPDR Gold Shares by 47.5% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock worth $110,386,000 after purchasing an additional 146,271 shares in the last quarter. Finally, Banco Santander S.A. raised its position in shares of SPDR Gold Shares by 245.1% during the 3rd quarter. Banco Santander S.A. now owns 160,721 shares of the exchange traded fund’s stock worth $39,065,000 after purchasing an additional 114,151 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

GLD stock opened at $269.06 on Wednesday. The stock’s 50 day moving average price is $256.64 and its 200 day moving average price is $247.49. The firm has a market cap of $80.88 billion, a P/E ratio of -28.59 and a beta of 0.20. SPDR Gold Shares has a 1 year low of $196.65 and a 1 year high of $272.32.

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).