SPDR Gold Shares (NYSEARCA:GLD) Stock Holdings Decreased by Evolution Wealth Advisors LLC

Evolution Wealth Advisors LLC reduced its position in SPDR Gold Shares (NYSEARCA:GLD) by 1.7% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 67,847 shares of the exchange traded fund’s stock after selling 1,153 shares during the quarter. SPDR Gold Shares makes up about 3.0% of Evolution Wealth Advisors LLC’s holdings, making the stock its 6th largest holding. Evolution Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $16,491,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in GLD. Triad Wealth Partners LLC purchased a new position in SPDR Gold Shares during the second quarter valued at approximately $25,000. Semmax Financial Advisors Inc. grew its position in SPDR Gold Shares by 78.7% during the second quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 48 shares in the last quarter. Private Ocean LLC grew its position in SPDR Gold Shares by 155.1% during the second quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 76 shares in the last quarter. Ashton Thomas Securities LLC purchased a new position in SPDR Gold Shares during the third quarter valued at approximately $28,000. Finally, Chris Bulman Inc acquired a new stake in SPDR Gold Shares in the second quarter valued at approximately $29,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Down 0.2 %

NYSEARCA GLD opened at $236.59 on Friday. The company has a 50 day moving average price of $244.95 and a two-hundred day moving average price of $229.41. SPDR Gold Shares has a 12-month low of $182.23 and a 12-month high of $257.71.

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).