Commons Capital LLC Sells 150 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Commons Capital LLC decreased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,988 shares of the exchange traded fund’s stock after selling 150 shares during the period. SPDR Gold Shares comprises 1.0% of Commons Capital LLC’s portfolio, making the stock its 22nd largest holding. Commons Capital LLC’s holdings in SPDR Gold Shares were worth $857,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Triad Wealth Partners LLC purchased a new stake in SPDR Gold Shares during the second quarter valued at approximately $25,000. Northwest Investment Counselors LLC purchased a new stake in shares of SPDR Gold Shares in the first quarter worth $26,000. Private Ocean LLC increased its stake in shares of SPDR Gold Shares by 155.1% in the second quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 76 shares in the last quarter. Frazier Financial Advisors LLC purchased a new stake in shares of SPDR Gold Shares in the fourth quarter worth $26,000. Finally, Security National Bank purchased a new stake in shares of SPDR Gold Shares in the first quarter worth $28,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of NYSEARCA GLD opened at $232.55 on Thursday. The firm has a fifty day moving average price of $224.77 and a 200-day moving average price of $215.17. SPDR Gold Shares has a 1 year low of $168.30 and a 1 year high of $234.01.

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).