Ashton Thomas Private Wealth LLC Sells 24,986 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Ashton Thomas Private Wealth LLC decreased its position in SPDR Gold Shares (NYSEARCA:GLD) by 41.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 35,584 shares of the exchange traded fund’s stock after selling 24,986 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in SPDR Gold Shares were worth $8,649,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of GLD. Romano Brothers AND Company increased its stake in SPDR Gold Shares by 1.0% during the 3rd quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock worth $1,002,000 after acquiring an additional 40 shares during the period. Delta Financial Group Inc. increased its stake in shares of SPDR Gold Shares by 1.2% in the 3rd quarter. Delta Financial Group Inc. now owns 3,492 shares of the exchange traded fund’s stock valued at $849,000 after purchasing an additional 41 shares during the last quarter. Spinnaker Trust boosted its stake in shares of SPDR Gold Shares by 1.1% in the 3rd quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock valued at $956,000 after purchasing an additional 43 shares in the last quarter. Compton Wealth Advisory Group LLC increased its holdings in shares of SPDR Gold Shares by 3.2% during the third quarter. Compton Wealth Advisory Group LLC now owns 1,409 shares of the exchange traded fund’s stock worth $342,000 after buying an additional 44 shares in the last quarter. Finally, Ballast Inc. grew its holdings in shares of SPDR Gold Shares by 3.6% during the second quarter. Ballast Inc. now owns 1,295 shares of the exchange traded fund’s stock worth $278,000 after purchasing an additional 45 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Price Performance

GLD opened at $241.03 on Tuesday. The company’s 50 day moving average price is $244.40 and its two-hundred day moving average price is $228.99. SPDR Gold Shares has a fifty-two week low of $179.11 and a fifty-two week 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).