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

Montis Financial LLC cut its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 0.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 10,577 shares of the exchange traded fund’s stock after selling 81 shares during the quarter. SPDR Gold Shares comprises about 1.2% of Montis Financial LLC’s investment portfolio, making the stock its 12th largest position. Montis Financial LLC’s holdings in SPDR Gold Shares were worth $2,022,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Miracle Mile Advisors LLC grew its holdings in SPDR Gold Shares by 33.8% during the 4th quarter. Miracle Mile Advisors LLC now owns 2,401 shares of the exchange traded fund’s stock valued at $459,000 after buying an additional 607 shares during the last quarter. Syon Capital LLC purchased a new stake in SPDR Gold Shares during the 3rd quarter worth about $6,972,000. Raymond James & Associates raised its stake in SPDR Gold Shares by 0.5% in the 4th quarter. Raymond James & Associates now owns 844,620 shares of the exchange traded fund’s stock valued at $161,466,000 after purchasing an additional 4,242 shares during the last quarter. Marks Wealth LLC acquired a new stake in shares of SPDR Gold Shares during the 4th quarter worth about $33,299,000. Finally, Planned Solutions Inc. acquired a new stake in shares of SPDR Gold Shares during the 4th quarter worth about $65,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA:GLD traded down $0.66 during trading on Thursday, reaching $213.13. The stock had a trading volume of 6,283,629 shares, compared to its average volume of 7,963,226. The business has a fifty day moving average price of $206.17 and a 200-day moving average price of $193.37. SPDR Gold Shares has a fifty-two week low of $168.30 and a fifty-two week high of $225.09.

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).