Stephens Consulting LLC Sells 395 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Stephens Consulting LLC trimmed its stake in SPDR Gold Shares (NYSEARCA:GLD) by 12.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,829 shares of the exchange traded fund’s stock after selling 395 shares during the period. Stephens Consulting LLC’s holdings in SPDR Gold Shares were worth $582,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Sandy Cove Advisors LLC increased its position in shares of SPDR Gold Shares by 57.2% in the first quarter. Sandy Cove Advisors LLC now owns 1,923 shares of the exchange traded fund’s stock worth $396,000 after purchasing an additional 700 shares during the last quarter. Trilogy Capital Inc. increased its position in shares of SPDR Gold Shares by 6.7% in the first quarter. Trilogy Capital Inc. now owns 1,323 shares of the exchange traded fund’s stock worth $272,000 after purchasing an additional 83 shares during the last quarter. Cornerstone Wealth Group LLC increased its position in shares of SPDR Gold Shares by 11.4% in the first quarter. Cornerstone Wealth Group LLC now owns 2,291 shares of the exchange traded fund’s stock worth $471,000 after purchasing an additional 235 shares during the last quarter. Merrion Investment Management Co LLC bought a new position in shares of SPDR Gold Shares in the first quarter worth approximately $206,000. Finally, Founders Financial Securities LLC increased its position in shares of SPDR Gold Shares by 1.5% in the first quarter. Founders Financial Securities LLC now owns 3,561 shares of the exchange traded fund’s stock worth $733,000 after purchasing an additional 52 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Up 0.0 %

NYSEARCA GLD traded up $0.02 on Friday, reaching $215.01. 3,955,080 shares of the company’s stock traded hands, compared to its average volume of 5,524,778. SPDR Gold Shares has a 12 month low of $168.30 and a 12 month high of $225.66. The stock has a 50-day simple moving average of $216.20 and a 200 day simple moving average of $202.93.

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).