SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by St. Johns Investment Management Company LLC

St. Johns Investment Management Company LLC cut its position in SPDR Gold Shares (NYSEARCA:GLD) by 7.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,225 shares of the exchange traded fund’s stock after selling 1,843 shares during the quarter. SPDR Gold Shares comprises approximately 2.7% of St. Johns Investment Management Company LLC’s holdings, making the stock its 7th biggest position. St. Johns Investment Management Company LLC’s holdings in SPDR Gold Shares were worth $5,866,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Ashton Thomas Securities LLC acquired a new position in shares of SPDR Gold Shares during the 3rd quarter worth approximately $28,000. Capital Performance Advisors LLP acquired a new position in shares of SPDR Gold Shares in the third quarter valued at $35,000. Pittenger & Anderson Inc. bought a new position in shares of SPDR Gold Shares in the third quarter valued at about $38,000. Sugarloaf Wealth Management LLC lifted its stake in shares of SPDR Gold Shares by 78.9% during the 3rd quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 71 shares during the last quarter. Finally, Maryland Capital Advisors Inc. bought a new stake in shares of SPDR Gold Shares during the 3rd quarter worth about $40,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Down 0.1 %

Shares of GLD opened at $254.07 on Friday. The firm’s 50-day simple moving average is $244.59 and its 200 day simple moving average is $239.07. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $257.71.

SPDR Gold Shares 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).