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

AlphaMark Advisors LLC cut its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 7.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,531 shares of the exchange traded fund’s stock after selling 120 shares during the quarter. AlphaMark Advisors LLC’s holdings in SPDR Gold Shares were worth $372,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Toronto Dominion Bank increased its stake in SPDR Gold Shares by 23.6% in the first quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock valued at $1,162,217,000 after purchasing an additional 1,079,452 shares during the last quarter. Arizona PSPRS Trust acquired a new stake in SPDR Gold Shares during the 2nd quarter worth $157,187,000. Global Assets Advisory LLC acquired a new stake in shares of SPDR Gold Shares during the first quarter worth about $144,269,000. Cetera Investment Advisers boosted its position in shares of SPDR Gold Shares by 461.0% in the 1st quarter. Cetera Investment Advisers now owns 702,415 shares of the exchange traded fund’s stock valued at $144,501,000 after purchasing an additional 577,210 shares during the period. Finally, Strategic Financial Concepts LLC grew its stake in SPDR Gold Shares by 9,654.6% during the 2nd quarter. Strategic Financial Concepts LLC now owns 550,450 shares of the exchange traded fund’s stock worth $1,184,000 after buying an additional 544,807 shares during the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Up 0.6 %

GLD opened at $248.63 on Friday. SPDR Gold Shares has a 52 week low of $179.11 and a 52 week high of $249.06. The business’s 50 day moving average is $237.18 and its two-hundred day moving average is $224.63.

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).