SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Seamount Financial Group Inc.

Seamount Financial Group Inc. decreased its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 0.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,404 shares of the exchange traded fund’s stock after selling 95 shares during the quarter. SPDR Gold Shares makes up approximately 1.9% of Seamount Financial Group Inc.’s holdings, making the stock its 16th largest holding. Seamount Financial Group Inc.’s holdings in SPDR Gold Shares were worth $2,529,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of GLD. Toronto Dominion Bank grew its holdings in shares of SPDR Gold Shares by 23.6% during the 1st quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock worth $1,162,217,000 after purchasing an additional 1,079,452 shares during the period. Arizona PSPRS Trust purchased a new stake in SPDR Gold Shares during the second quarter worth approximately $157,187,000. Global Assets Advisory LLC acquired a new stake in shares of SPDR Gold Shares in the first quarter worth $144,269,000. Cetera Investment Advisers raised its stake 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 acquiring an additional 577,210 shares during the period. Finally, Strategic Financial Concepts LLC lifted its holdings in shares of 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 valued at $1,184,000 after acquiring an additional 544,807 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.1 %

Shares of NYSEARCA GLD opened at $251.27 on Friday. SPDR Gold Shares has a 1-year low of $179.11 and a 1-year high of $251.37. The business has a 50-day moving average of $237.71 and a 200-day moving average of $225.03.

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).