SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by VisionPoint Advisory Group LLC

VisionPoint Advisory Group LLC reduced its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 6.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,228 shares of the exchange traded fund’s stock after selling 1,433 shares during the period. SPDR Gold Shares comprises 1.6% of VisionPoint Advisory Group LLC’s holdings, making the stock its 10th largest position. VisionPoint Advisory Group LLC’s holdings in SPDR Gold Shares were worth $4,719,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in GLD. Capital Advisory Group Advisory Services LLC grew its stake in SPDR Gold Shares by 4.2% in the 4th quarter. Capital Advisory Group Advisory Services LLC now owns 21,159 shares of the exchange traded fund’s stock valued at $5,123,000 after acquiring an additional 848 shares during the period. Lane & Associates LLC purchased a new position in SPDR Gold Shares during the fourth quarter valued at $208,000. Bradley Foster & Sargent Inc. CT grew its position in shares of SPDR Gold Shares by 3.1% in the fourth quarter. Bradley Foster & Sargent Inc. CT now owns 307,343 shares of the exchange traded fund’s stock valued at $74,417,000 after purchasing an additional 9,137 shares during the period. Compass Planning Associates Inc purchased a new stake in shares of SPDR Gold Shares during the fourth quarter worth about $39,000. Finally, Cassaday & Co Wealth Management LLC raised its position in shares of SPDR Gold Shares by 1.8% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 4,962 shares of the exchange traded fund’s stock worth $1,201,000 after purchasing an additional 90 shares during the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Up 0.1 %

GLD stock opened at $270.99 on Friday. SPDR Gold Shares has a 12-month low of $187.05 and a 12-month high of $271.84. The business’s 50-day moving average is $252.48 and its 200 day moving average is $244.82.

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).