Montag A & Associates Inc. Sells 667 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Montag A & Associates Inc. reduced its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,460 shares of the exchange traded fund’s stock after selling 667 shares during the quarter. Montag A & Associates Inc.’s holdings in SPDR Gold Shares were worth $4,228,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Wedgewood Investors Inc. PA boosted its holdings in shares of SPDR Gold Shares by 4.3% in the 4th quarter. Wedgewood Investors Inc. PA now owns 4,800 shares of the exchange traded fund’s stock worth $1,162,000 after purchasing an additional 200 shares during the period. Roxbury Financial LLC bought a new stake in SPDR Gold Shares in the fourth quarter worth $31,000. Scarborough Advisors LLC boosted its stake in SPDR Gold Shares by 21.7% during the fourth quarter. Scarborough Advisors LLC now owns 32,877 shares of the exchange traded fund’s stock worth $7,961,000 after buying an additional 5,852 shares during the period. Nations Financial Group Inc. IA ADV increased its position in SPDR Gold Shares by 1.6% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 33,753 shares of the exchange traded fund’s stock valued at $8,173,000 after acquiring an additional 526 shares during the last quarter. Finally, WASHINGTON TRUST Co raised its stake in shares of SPDR Gold Shares by 6.2% in the fourth quarter. WASHINGTON TRUST Co now owns 5,281 shares of the exchange traded fund’s stock valued at $1,279,000 after acquiring an additional 306 shares during the period. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $266.29 on Friday. SPDR Gold Shares has a 12-month low of $184.84 and a 12-month high of $270.39. The firm has a 50-day moving average price of $250.74 and a 200-day moving average price of $243.57.

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).