SPDR Gold Shares (NYSEARCA:GLD) Stock Holdings Lowered by Sicart Associates LLC

Sicart Associates LLC reduced its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 2.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 94,235 shares of the exchange traded fund’s stock after selling 2,167 shares during the period. SPDR Gold Shares comprises 8.2% of Sicart Associates LLC’s holdings, making the stock its biggest position. Sicart Associates LLC’s holdings in SPDR Gold Shares were worth $22,817,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Semmax Financial Advisors Inc. boosted its holdings 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 worth $25,000 after buying an additional 48 shares in the last quarter. Ashton Thomas Securities LLC purchased a new stake in SPDR Gold Shares during the third quarter worth $28,000. Capital Performance Advisors LLP purchased a new stake in SPDR Gold Shares during the third quarter worth $35,000. Pittenger & Anderson Inc. acquired a new position in SPDR Gold Shares during the third quarter worth $38,000. Finally, Sugarloaf Wealth Management LLC raised its position in SPDR Gold Shares by 78.9% during the third quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 71 shares during the period. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

NYSEARCA:GLD opened at $250.60 on Friday. The company has a fifty day moving average of $243.81 and a two-hundred day moving average of $237.89. SPDR Gold Shares has a fifty-two week low of $183.78 and a fifty-two week high of $257.71.

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).