SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Black Diamond Financial LLC

Black Diamond Financial LLC trimmed its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 75.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,696 shares of the exchange traded fund’s stock after selling 11,493 shares during the period. Black Diamond Financial LLC’s holdings in SPDR Gold Shares were worth $898,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Obermeyer Wood Investment Counsel Lllp increased its holdings in shares of SPDR Gold Shares by 4.4% during the 2nd quarter. Obermeyer Wood Investment Counsel Lllp now owns 11,645 shares of the exchange traded fund’s stock valued at $2,504,000 after purchasing an additional 490 shares in the last quarter. Linden Thomas Advisory Services LLC increased its holdings in SPDR Gold Shares by 5.1% in the second quarter. Linden Thomas Advisory Services LLC now owns 4,945 shares of the exchange traded fund’s stock valued at $1,063,000 after buying an additional 239 shares in the last quarter. RDA Financial Network raised its position in shares of SPDR Gold Shares by 1.8% in the third quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock worth $1,231,000 after acquiring an additional 88 shares during the period. Oxler Private Wealth LLC boosted its stake in shares of SPDR Gold Shares by 48.9% during the 2nd quarter. Oxler Private Wealth LLC now owns 24,438 shares of the exchange traded fund’s stock worth $5,254,000 after acquiring an additional 8,021 shares in the last quarter. Finally, Blue Fin Capital Inc. grew its position in shares of SPDR Gold Shares by 1.1% during the 2nd quarter. Blue Fin Capital Inc. now owns 37,225 shares of the exchange traded fund’s stock valued at $8,004,000 after acquiring an additional 388 shares during the period. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

Shares of SPDR Gold Shares stock opened at $237.01 on Friday. The business has a 50-day moving average price of $244.74 and a 200 day moving average price of $229.21. SPDR Gold Shares has a twelve month low of $181.31 and a twelve month high of $257.71.

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).