Wealthspire Advisors LLC Has $8.91 Million Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

Wealthspire Advisors LLC trimmed its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 46,616 shares of the exchange traded fund’s stock after selling 1,401 shares during the period. Wealthspire Advisors LLC’s holdings in SPDR Gold Shares were worth $8,912,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of GLD. First Personal Financial Services acquired a new position in SPDR Gold Shares in the 4th quarter worth about $25,000. Private Ocean LLC increased its position in SPDR Gold Shares by 232.7% in the 4th quarter. Private Ocean LLC now owns 163 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 114 shares during the last quarter. Naples Money Management LLC acquired a new position in SPDR Gold Shares in the 4th quarter worth about $31,000. GAMMA Investing LLC acquired a new position in SPDR Gold Shares in the 4th quarter worth about $33,000. Finally, Johnson Midwest Financial LLC increased its position in SPDR Gold Shares by 350.0% in the 3rd quarter. Johnson Midwest Financial LLC now owns 180 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 140 shares during the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

GLD stock traded up $3.37 during mid-day trading on Thursday, hitting $216.95. The stock had a trading volume of 7,630,552 shares, compared to its average volume of 7,891,479. SPDR Gold Shares has a 1-year low of $168.30 and a 1-year high of $225.09. The company has a fifty day moving average of $208.74 and a 200 day moving average of $194.52.

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).