Stratos Wealth Advisors LLC Sells 5,416 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Stratos Wealth Advisors LLC decreased its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 7.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 66,405 shares of the exchange traded fund’s stock after selling 5,416 shares during the period. SPDR Gold Shares accounts for 0.7% of Stratos Wealth Advisors LLC’s holdings, making the stock its 26th biggest position. Stratos Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $16,141,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Semmax Financial Advisors Inc. boosted its position in shares of SPDR Gold Shares by 78.7% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 48 shares in the last quarter. Triad Wealth Partners LLC acquired a new stake in SPDR Gold Shares in the second quarter worth about $25,000. Northwest Investment Counselors LLC purchased a new stake in shares of SPDR Gold Shares during the first quarter worth about $26,000. Private Ocean LLC grew its position in SPDR Gold Shares by 155.1% during the 2nd quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 76 shares during the last quarter. Finally, Chris Bulman Inc purchased a new stake in SPDR Gold Shares during the 2nd quarter worth approximately $29,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Up 1.1 %

NYSEARCA GLD opened at $251.26 on Friday. SPDR Gold Shares has a 12-month low of $179.11 and a 12-month high of $251.37. The company has a fifty day simple moving average of $237.71 and a two-hundred day simple moving average of $224.94.

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).