SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Refined Wealth Management

Refined Wealth Management cut its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 28.0% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 24,685 shares of the exchange traded fund’s stock after selling 9,610 shares during the period. SPDR Gold Shares accounts for approximately 3.7% of Refined Wealth Management’s holdings, making the stock its 9th biggest holding. Refined Wealth Management’s holdings in SPDR Gold Shares were worth $5,078,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Quattro Financial Advisors LLC grew its stake in shares of SPDR Gold Shares by 5,091.1% during the 1st quarter. Quattro Financial Advisors LLC now owns 9,915 shares of the exchange traded fund’s stock valued at $2,040,000 after buying an additional 9,724 shares during the period. Narus Financial Partners LLC boosted its position in SPDR Gold Shares by 0.9% during the 1st quarter. Narus Financial Partners LLC now owns 20,862 shares of the exchange traded fund’s stock worth $4,292,000 after purchasing an additional 194 shares during the period. Main Line Retirement Advisors LLC boosted its position in SPDR Gold Shares by 23.1% during the 1st quarter. Main Line Retirement Advisors LLC now owns 1,625 shares of the exchange traded fund’s stock worth $334,000 after purchasing an additional 305 shares during the period. Bridgewealth Advisory Group LLC boosted its position in SPDR Gold Shares by 8.2% during the 1st quarter. Bridgewealth Advisory Group LLC now owns 2,518 shares of the exchange traded fund’s stock worth $518,000 after purchasing an additional 191 shares during the period. Finally, Silvia Mccoll Wealth Management LLC purchased a new stake in SPDR Gold Shares during the 1st quarter worth $225,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Down 0.0 %

SPDR Gold Shares stock traded down $0.02 during trading on Tuesday, reaching $215.55. 4,920,801 shares of the company’s stock were exchanged, compared to its average volume of 7,297,301. The company’s 50-day moving average is $216.20 and its two-hundred day moving average is $203.12. SPDR Gold Shares has a 52-week low of $168.30 and a 52-week high of $225.66.

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).