SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Inspirion Wealth Advisors LLC

Inspirion Wealth Advisors LLC lessened its stake in SPDR Gold Shares (NYSEARCA:GLD) by 2.5% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,930 shares of the exchange traded fund’s stock after selling 150 shares during the quarter. Inspirion Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $1,220,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in GLD. Milestone Asset Management LLC raised its stake in shares of SPDR Gold Shares by 5.4% in the 3rd quarter. Milestone Asset Management LLC now owns 2,865 shares of the exchange traded fund’s stock valued at $486,000 after acquiring an additional 147 shares during the period. Sand Hill Global Advisors LLC raised its stake in shares of SPDR Gold Shares by 2.6% in the 3rd quarter. Sand Hill Global Advisors LLC now owns 2,926 shares of the exchange traded fund’s stock valued at $502,000 after acquiring an additional 75 shares during the period. Resolute Wealth Strategies LLC raised its stake in shares of SPDR Gold Shares by 3.1% in the 3rd quarter. Resolute Wealth Strategies LLC now owns 21,533 shares of the exchange traded fund’s stock valued at $3,692,000 after acquiring an additional 639 shares during the period. Toronto Dominion Bank raised its stake in shares of SPDR Gold Shares by 14.5% in the 3rd quarter. Toronto Dominion Bank now owns 4,660,292 shares of the exchange traded fund’s stock valued at $799,007,000 after acquiring an additional 591,368 shares during the period. Finally, Cape Cod Five Cents Savings Bank raised its stake in shares of SPDR Gold Shares by 87.1% in the 3rd quarter. Cape Cod Five Cents Savings Bank now owns 43,466 shares of the exchange traded fund’s stock valued at $7,452,000 after acquiring an additional 20,232 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of GLD stock traded down $2.15 during mid-day trading on Wednesday, reaching $212.41. The company’s stock had a trading volume of 1,760,174 shares, compared to its average volume of 7,368,003. The company’s 50 day simple moving average is $216.57 and its 200-day simple moving average is $202.31. SPDR Gold Shares has a 12-month low of $168.30 and a 12-month high of $225.66.

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).