SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Stratos Wealth Advisors LLC

Stratos Wealth Advisors LLC lessened its stake in SPDR Gold Shares (NYSEARCA:GLD) by 3.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 64,380 shares of the exchange traded fund’s stock after selling 2,025 shares during the quarter. SPDR Gold Shares accounts for about 0.7% of Stratos Wealth Advisors LLC’s portfolio, making the stock its 28th largest holding. Stratos Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $15,589,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the stock. Diversified Trust Co raised its position in shares of SPDR Gold Shares by 31.1% in the third quarter. Diversified Trust Co now owns 3,854 shares of the exchange traded fund’s stock worth $937,000 after acquiring an additional 915 shares during the period. Ignite Planners LLC purchased a new position in shares of SPDR Gold Shares in the 3rd quarter valued at about $326,000. Callan Family Office LLC raised its holdings in SPDR Gold Shares by 11.0% in the 3rd quarter. Callan Family Office LLC now owns 20,976 shares of the exchange traded fund’s stock worth $5,098,000 after purchasing an additional 2,085 shares during the period. Chesley Taft & Associates LLC raised its holdings in SPDR Gold Shares by 0.4% in the 3rd quarter. Chesley Taft & Associates LLC now owns 105,558 shares of the exchange traded fund’s stock worth $25,657,000 after purchasing an additional 417 shares during the period. Finally, Advance Capital Management Inc. grew its holdings in SPDR Gold Shares by 10.4% in the third quarter. Advance Capital Management Inc. now owns 3,367 shares of the exchange traded fund’s stock valued at $818,000 after purchasing an additional 316 shares during the period. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $262.50 on Wednesday. The business has a 50 day simple moving average of $246.73 and a 200-day simple moving average of $241.04. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $262.54.

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).