Captrust Financial Advisors Sells 11,454 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Captrust Financial Advisors lowered its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 4.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 248,805 shares of the exchange traded fund’s stock after selling 11,454 shares during the period. Captrust Financial Advisors’ holdings in SPDR Gold Shares were worth $60,475,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Obermeyer Wood Investment Counsel Lllp raised its position in shares of SPDR Gold Shares by 4.4% during the second quarter. Obermeyer Wood Investment Counsel Lllp now owns 11,645 shares of the exchange traded fund’s stock valued at $2,504,000 after buying an additional 490 shares during the last quarter. Linden Thomas Advisory Services LLC increased its position in SPDR Gold Shares by 5.1% in the second quarter. Linden Thomas Advisory Services LLC now owns 4,945 shares of the exchange traded fund’s stock worth $1,063,000 after purchasing an additional 239 shares during the last quarter. RDA Financial Network increased its position in SPDR Gold Shares by 1.8% in the third quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock worth $1,231,000 after purchasing an additional 88 shares during the last quarter. Oxler Private Wealth LLC increased its position in SPDR Gold Shares by 48.9% in the second quarter. Oxler Private Wealth LLC now owns 24,438 shares of the exchange traded fund’s stock worth $5,254,000 after purchasing an additional 8,021 shares during the last quarter. Finally, Blue Fin Capital Inc. increased its position in SPDR Gold Shares by 1.1% in the second quarter. Blue Fin Capital Inc. now owns 37,225 shares of the exchange traded fund’s stock worth $8,004,000 after purchasing an additional 388 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of GLD opened at $243.49 on Friday. The company’s fifty day moving average is $246.46 and its 200 day moving average is $231.27. SPDR Gold Shares has a fifty-two week low of $183.15 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).