McGuire Investment Group LLC Sells 77 Shares of SPDR Gold Shares (NYSEARCA:GLD)

McGuire Investment Group LLC decreased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,747 shares of the exchange traded fund’s stock after selling 77 shares during the period. McGuire Investment Group LLC’s holdings in SPDR Gold Shares were worth $907,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. RDA Financial Network boosted its stake in shares of SPDR Gold Shares by 1.8% during the 3rd quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock valued at $1,231,000 after purchasing an additional 88 shares in the last quarter. Advance Capital Management Inc. grew its holdings in SPDR Gold Shares by 9.4% in the fourth quarter. Advance Capital Management Inc. now owns 3,683 shares of the exchange traded fund’s stock worth $892,000 after purchasing an additional 316 shares during the period. Centaurus Financial Inc. grew its holdings in SPDR Gold Shares by 10.1% in the second quarter. Centaurus Financial Inc. now owns 39,597 shares of the exchange traded fund’s stock worth $8,514,000 after purchasing an additional 3,630 shares during the period. Inspirion Wealth Advisors LLC grew its holdings in SPDR Gold Shares by 0.8% in the third quarter. Inspirion Wealth Advisors LLC now owns 6,180 shares of the exchange traded fund’s stock worth $1,502,000 after purchasing an additional 50 shares during the period. Finally, GSA Capital Partners LLP purchased a new stake in SPDR Gold Shares in the third quarter worth about $564,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of GLD opened at $255.65 on Friday. SPDR Gold Shares has a fifty-two week low of $183.78 and a fifty-two week high of $257.71. The firm’s 50-day simple moving average is $244.93 and its two-hundred day simple moving average is $239.17.

SPDR Gold Shares Company 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).