SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Scholtz & Company LLC

Scholtz & Company LLC cut its stake in SPDR Gold Shares (NYSEARCA:GLD) by 25.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,353 shares of the exchange traded fund’s stock after selling 5,131 shares during the period. SPDR Gold Shares comprises approximately 1.8% of Scholtz & Company LLC’s portfolio, making the stock its 22nd largest position. Scholtz & Company LLC’s holdings in SPDR Gold Shares were worth $3,717,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in GLD. Clarus Group Inc. lifted its holdings in shares of SPDR Gold Shares by 2.2% in the 4th quarter. Clarus Group Inc. now owns 1,825 shares of the exchange traded fund’s stock valued at $442,000 after buying an additional 40 shares during the period. Kellett Wealth Advisors LLC boosted its position in SPDR Gold Shares by 3.6% during the fourth quarter. Kellett Wealth Advisors LLC now owns 1,160 shares of the exchange traded fund’s stock worth $281,000 after acquiring an additional 40 shares during the last quarter. Wealth Advisors of Iowa LLC grew its position in shares of SPDR Gold Shares by 3.9% in the fourth quarter. Wealth Advisors of Iowa LLC now owns 1,070 shares of the exchange traded fund’s stock valued at $259,000 after purchasing an additional 40 shares during the period. Magnus Financial Group LLC boosted its position in shares of SPDR Gold Shares by 0.6% in the fourth quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock worth $1,780,000 after acquiring an additional 41 shares during the last quarter. Finally, Pittenger & Anderson Inc. grew its stake in shares of SPDR Gold Shares by 25.9% during the 4th quarter. Pittenger & Anderson Inc. now owns 199 shares of the exchange traded fund’s stock valued at $48,000 after buying an additional 41 shares during the period. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Down 0.2 %

Shares of GLD stock opened at $287.57 on Wednesday. The firm’s 50 day moving average price is $269.11 and its two-hundred day moving average price is $253.75. SPDR Gold Shares has a fifty-two week low of $208.36 and a fifty-two week high of $289.13. The stock has a market cap of $86.44 billion, a price-to-earnings ratio of -30.67 and a beta of 0.17.

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).