Twelve Points Wealth Management LLC Sells 44 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Twelve Points Wealth Management LLC lessened its position in SPDR Gold Shares (NYSEARCA:GLD) by 0.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 17,643 shares of the exchange traded fund’s stock after selling 44 shares during the quarter. SPDR Gold Shares makes up about 1.3% of Twelve Points Wealth Management LLC’s portfolio, making the stock its 13th biggest position. Twelve Points Wealth Management LLC’s holdings in SPDR Gold Shares were worth $4,288,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. City Holding Co. increased its position in shares of SPDR Gold Shares by 5.6% during the 1st quarter. City Holding Co. now owns 3,708 shares of the exchange traded fund’s stock worth $763,000 after purchasing an additional 195 shares during the last quarter. St. Johns Investment Management Company LLC increased its holdings in SPDR Gold Shares by 5.7% during the first quarter. St. Johns Investment Management Company LLC now owns 27,729 shares of the exchange traded fund’s stock worth $5,704,000 after buying an additional 1,492 shares during the last quarter. Traynor Capital Management Inc. raised its position in SPDR Gold Shares by 19.9% during the first quarter. Traynor Capital Management Inc. now owns 1,720 shares of the exchange traded fund’s stock worth $354,000 after acquiring an additional 285 shares in the last quarter. AdvisorNet Financial Inc lifted its stake in SPDR Gold Shares by 6.5% in the first quarter. AdvisorNet Financial Inc now owns 12,289 shares of the exchange traded fund’s stock valued at $2,528,000 after acquiring an additional 751 shares during the last quarter. Finally, Obermeyer Wood Investment Counsel Lllp grew its position in shares of SPDR Gold Shares by 4.4% in the 2nd quarter. Obermeyer Wood Investment Counsel Lllp now owns 11,645 shares of the exchange traded fund’s stock valued at $2,504,000 after acquiring an additional 490 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.5 %

SPDR Gold Shares stock opened at $247.12 on Thursday. The stock has a 50-day simple moving average of $236.69 and a 200 day simple moving average of $224.47. SPDR Gold Shares has a 52 week low of $177.98 and a 52 week high of $248.09.

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).