SPDR Gold Shares (NYSEARCA:GLD) Position Lowered by Vista Finance LLC

Vista Finance LLC lessened its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.9% during the 3rd quarter, Holdings Channel reports. The fund owned 45,304 shares of the exchange traded fund’s stock after selling 857 shares during the quarter. SPDR Gold Shares comprises 14.9% of Vista Finance LLC’s portfolio, making the stock its largest holding. Vista Finance LLC’s holdings in SPDR Gold Shares were worth $11,012,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of GLD. Aviance Capital Partners LLC purchased a new stake in SPDR Gold Shares in the 1st quarter valued at about $394,000. Miracle Mile Advisors LLC grew its position in SPDR Gold Shares by 95.3% in the 1st quarter. Miracle Mile Advisors LLC now owns 4,690 shares of the exchange traded fund’s stock valued at $965,000 after acquiring an additional 2,289 shares in the last quarter. Kiley Juergens Wealth Management LLC grew its position in shares of SPDR Gold Shares by 3.5% during the first quarter. Kiley Juergens Wealth Management LLC now owns 16,577 shares of the exchange traded fund’s stock worth $3,410,000 after buying an additional 561 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. grew its position in shares of SPDR Gold Shares by 2.6% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 459,272 shares of the exchange traded fund’s stock worth $94,481,000 after buying an additional 11,577 shares in the last quarter. Finally, Valeo Financial Advisors LLC grew its position in shares of SPDR Gold Shares by 6.6% during the first quarter. Valeo Financial Advisors LLC now owns 5,095 shares of the exchange traded fund’s stock worth $1,048,000 after buying an additional 317 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of SPDR Gold Shares stock traded up $2.44 on Tuesday, reaching $255.77. 2,209,421 shares of the company were exchanged, compared to its average volume of 6,939,027. SPDR Gold Shares has a 1-year low of $179.11 and a 1-year high of $256.03. The stock’s 50 day moving average price is $240.56 and its 200-day moving average price is $226.66.

About SPDR Gold Shares

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).