Wealthspire Advisors LLC Sells 1,401 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Wealthspire Advisors LLC reduced its position in SPDR Gold Shares (NYSEARCA:GLD) by 2.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,616 shares of the exchange traded fund’s stock after selling 1,401 shares during the quarter. Wealthspire Advisors LLC’s holdings in SPDR Gold Shares were worth $8,912,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Compass Ion Advisors LLC boosted its stake in SPDR Gold Shares by 0.7% during the 4th quarter. Compass Ion Advisors LLC now owns 8,313 shares of the exchange traded fund’s stock worth $1,589,000 after purchasing an additional 54 shares during the last quarter. Capital Market Strategies LLC grew its holdings in shares of SPDR Gold Shares by 4.6% during the fourth quarter. Capital Market Strategies LLC now owns 1,247 shares of the exchange traded fund’s stock worth $238,000 after buying an additional 55 shares in the last quarter. JB Capital LLC grew its holdings in shares of SPDR Gold Shares by 2.4% during the fourth quarter. JB Capital LLC now owns 2,379 shares of the exchange traded fund’s stock worth $455,000 after buying an additional 55 shares in the last quarter. Financial Sense Advisors Inc. grew its holdings in shares of SPDR Gold Shares by 2.0% during the third quarter. Financial Sense Advisors Inc. now owns 2,891 shares of the exchange traded fund’s stock worth $496,000 after buying an additional 56 shares in the last quarter. Finally, Sandy Spring Bank grew its holdings in shares of SPDR Gold Shares by 4.0% during the fourth quarter. Sandy Spring Bank now owns 1,456 shares of the exchange traded fund’s stock worth $278,000 after buying an additional 56 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Price Performance

Shares of SPDR Gold Shares stock traded up $3.37 during trading hours on Thursday, reaching $216.95. 7,630,552 shares of the company’s stock were exchanged, 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 business has a fifty day moving average of $208.74 and a two-hundred 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).