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

CRA Financial Services LLC lessened its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 7.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,811 shares of the exchange traded fund’s stock after selling 326 shares during the quarter. CRA Financial Services LLC’s holdings in SPDR Gold Shares were worth $784,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Kathleen S. Wright Associates Inc. acquired a new stake in shares of SPDR Gold Shares during the first quarter worth about $36,000. Ridgecrest Wealth Partners LLC acquired a new stake in shares of SPDR Gold Shares during the first quarter worth about $657,000. Romano Brothers AND Company lifted its holdings in SPDR Gold Shares by 4.0% in the first quarter. Romano Brothers AND Company now owns 4,152 shares of the exchange traded fund’s stock valued at $854,000 after acquiring an additional 160 shares during the period. Viewpoint Capital Management LLC acquired a new position in SPDR Gold Shares in the first quarter valued at approximately $231,000. Finally, Independence Bank of Kentucky lifted its holdings in SPDR Gold Shares by 9.8% in the first quarter. Independence Bank of Kentucky now owns 2,070 shares of the exchange traded fund’s stock valued at $426,000 after acquiring an additional 185 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.0 %

NYSEARCA:GLD traded up $0.02 during trading hours on Friday, reaching $215.01. The company had a trading volume of 3,955,080 shares, compared to its average volume of 5,524,778. SPDR Gold Shares has a 1-year low of $168.30 and a 1-year high of $225.66. The business’s 50 day moving average price is $216.20 and its 200-day moving average price is $202.82.

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).