Alpha Cubed Investments LLC Sells 218 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Alpha Cubed Investments LLC lowered its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 12.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,592 shares of the exchange traded fund’s stock after selling 218 shares during the quarter. Alpha Cubed Investments LLC’s holdings in SPDR Gold Shares were worth $385,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. RDA Financial Network increased its position in SPDR Gold Shares by 1.8% in the third quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock worth $1,231,000 after buying an additional 88 shares in the last quarter. Advance Capital Management Inc. increased its holdings in SPDR Gold Shares by 9.4% in the 4th quarter. Advance Capital Management Inc. now owns 3,683 shares of the exchange traded fund’s stock worth $892,000 after acquiring an additional 316 shares in the last quarter. Centaurus Financial Inc. increased its holdings in SPDR Gold Shares by 10.1% in the 2nd quarter. Centaurus Financial Inc. now owns 39,597 shares of the exchange traded fund’s stock worth $8,514,000 after acquiring an additional 3,630 shares in the last quarter. Inspirion Wealth Advisors LLC raised its stake in SPDR Gold Shares by 0.8% during the 3rd quarter. Inspirion Wealth Advisors LLC now owns 6,180 shares of the exchange traded fund’s stock worth $1,502,000 after acquiring an additional 50 shares during the period. Finally, GSA Capital Partners LLP purchased a new position in SPDR Gold Shares during the third quarter valued at approximately $564,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of NYSEARCA GLD opened at $253.13 on Wednesday. SPDR Gold Shares has a 1 year low of $183.78 and a 1 year high of $257.71. The firm has a fifty day moving average price of $243.99 and a 200-day moving average price of $238.73.

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).