SeaCrest Wealth Management LLC Sells 1,058 Shares of SPDR Gold Shares (NYSEARCA:GLD)

SeaCrest Wealth Management LLC decreased its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 9.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 10,620 shares of the exchange traded fund’s stock after selling 1,058 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in SPDR Gold Shares were worth $2,011,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Intrepid Capital Management Inc. purchased a new stake in shares of SPDR Gold Shares during the 2nd quarter worth $27,000. Johnson Midwest Financial LLC lifted its position in SPDR Gold Shares by 350.0% during the third quarter. Johnson Midwest Financial LLC now owns 180 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 140 shares during the last quarter. First Command Advisory Services Inc. acquired a new stake in SPDR Gold Shares in the third quarter valued at approximately $34,000. Worth Asset Management LLC purchased a new position in SPDR Gold Shares in the first quarter worth $36,000. Finally, TD Capital Management LLC increased its position in shares of SPDR Gold Shares by 83.3% during the fourth quarter. TD Capital Management LLC now owns 220 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 100 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.3 %

Shares of SPDR Gold Shares stock traded up $2.62 during trading on Thursday, reaching $205.72. The company’s stock had a trading volume of 9,189,938 shares, compared to its average volume of 6,652,294. The company has a 50-day simple moving average of $192.30 and a two-hundred day simple moving average of $186.34. SPDR Gold Shares has a 1-year low of $168.30 and a 1-year high of $206.05.

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).