Soltis Investment Advisors LLC Sells 122 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Soltis Investment Advisors LLC decreased its position in SPDR Gold Shares (NYSEARCA:GLD) by 4.3% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,698 shares of the exchange traded fund’s stock after selling 122 shares during the period. Soltis Investment Advisors LLC’s holdings in SPDR Gold Shares were worth $555,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Scarborough Advisors LLC boosted its stake in SPDR Gold Shares by 10,133.3% in the 4th quarter. Scarborough Advisors LLC now owns 2,662,393 shares of the exchange traded fund’s stock valued at $508,970,000 after buying an additional 2,636,376 shares in the last quarter. International Assets Investment Management LLC boosted its position in SPDR Gold Shares by 19,989.3% in the fourth quarter. International Assets Investment Management LLC now owns 2,437,035 shares of the exchange traded fund’s stock valued at $465,888,000 after buying an additional 2,424,904 shares in the last quarter. Toronto Dominion Bank increased its holdings in shares of 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 worth $1,162,217,000 after buying an additional 1,079,452 shares in the last quarter. Global Assets Advisory LLC acquired a new stake in shares of SPDR Gold Shares during the first quarter worth approximately $144,269,000. Finally, GLOBALT Investments LLC GA acquired a new position in shares of SPDR Gold Shares in the 4th quarter worth approximately $124,066,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.2 %

Shares of GLD traded down $0.43 on Friday, hitting $225.34. The company’s stock had a trading volume of 11,109,387 shares, compared to its average volume of 6,606,000. SPDR Gold Shares has a fifty-two week low of $168.30 and a fifty-two week high of $229.65. The company has a 50 day moving average price of $218.58 and a 200 day moving average price of $208.34.

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).