Willis Johnson & Associates Inc. Sells 376 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Willis Johnson & Associates Inc. lessened its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 23.0% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 1,259 shares of the exchange traded fund’s stock after selling 376 shares during the quarter. Willis Johnson & Associates Inc.’s holdings in SPDR Gold Shares were worth $271,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Ballast Inc. grew its position in shares of SPDR Gold Shares by 3.6% in the second quarter. Ballast Inc. now owns 1,295 shares of the exchange traded fund’s stock valued at $278,000 after purchasing an additional 45 shares during the last quarter. Burkett Financial Services LLC increased its position in SPDR Gold Shares by 9.9% during the 2nd quarter. Burkett Financial Services LLC now owns 512 shares of the exchange traded fund’s stock worth $110,000 after buying an additional 46 shares during the period. CCG Wealth Management LLC lifted its holdings in shares of SPDR Gold Shares by 1.2% during the second quarter. CCG Wealth Management LLC now owns 4,001 shares of the exchange traded fund’s stock worth $860,000 after buying an additional 46 shares in the last quarter. Apollon Financial LLC lifted its holdings in shares of SPDR Gold Shares by 1.7% during the second quarter. Apollon Financial LLC now owns 2,809 shares of the exchange traded fund’s stock worth $604,000 after buying an additional 47 shares in the last quarter. Finally, KG&L Capital Management LLC boosted its position in shares of SPDR Gold Shares by 2.2% in the first quarter. KG&L Capital Management LLC now owns 2,205 shares of the exchange traded fund’s stock valued at $454,000 after acquiring an additional 48 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA:GLD traded down $1.66 on Monday, reaching $231.29. 5,742,900 shares of the company’s stock were exchanged, compared to its average volume of 7,122,948. SPDR Gold Shares has a twelve month low of $168.30 and a twelve month high of $234.01. The company has a fifty day moving average of $223.79 and a 200-day moving average of $214.43.

SPDR Gold Shares Company 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).