Calton & Associates Inc. Sells 1,626 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Calton & Associates Inc. decreased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 24.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,928 shares of the exchange traded fund’s stock after selling 1,626 shares during the period. Calton & Associates Inc.’s holdings in SPDR Gold Shares were worth $1,198,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Toronto Dominion Bank raised its position in SPDR Gold Shares by 23.6% during the first quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock valued at $1,162,217,000 after purchasing an additional 1,079,452 shares in the last quarter. Arizona PSPRS Trust purchased a new position in shares of SPDR Gold Shares in the second quarter worth about $157,187,000. Cetera Investment Advisers increased its holdings in shares of SPDR Gold Shares by 461.0% in the first quarter. Cetera Investment Advisers now owns 702,415 shares of the exchange traded fund’s stock worth $144,501,000 after buying an additional 577,210 shares during the period. Strategic Financial Concepts LLC increased its holdings in shares of SPDR Gold Shares by 9,654.6% in the second quarter. Strategic Financial Concepts LLC now owns 550,450 shares of the exchange traded fund’s stock worth $1,184,000 after buying an additional 544,807 shares during the period. Finally, Granite Bay Wealth Management LLC increased its holdings in shares of SPDR Gold Shares by 25,320.8% in the second quarter. Granite Bay Wealth Management LLC now owns 516,551 shares of the exchange traded fund’s stock worth $111,854,000 after buying an additional 514,519 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.7 %

Shares of GLD traded up $1.86 during trading hours on Tuesday, hitting $253.08. The company had a trading volume of 278,003 shares, compared to its average volume of 6,961,140. The stock’s 50 day moving average price is $238.17 and its 200 day moving average price is $225.40. SPDR Gold Shares has a 52-week low of $179.11 and a 52-week high of $253.17.

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).