Resonant Capital Advisors LLC Sells 100 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Resonant Capital Advisors LLC lowered its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 6.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,549 shares of the exchange traded fund’s stock after selling 100 shares during the quarter. Resonant Capital Advisors LLC’s holdings in SPDR Gold Shares were worth $375,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Ashton Thomas Securities LLC acquired a new stake in shares of SPDR Gold Shares in the third quarter worth about $28,000. Capital Performance Advisors LLP acquired a new stake in SPDR Gold Shares in the 3rd quarter worth approximately $35,000. Pittenger & Anderson Inc. bought a new stake in SPDR Gold Shares during the third quarter worth approximately $38,000. Sugarloaf Wealth Management LLC grew its holdings 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 valued at $39,000 after purchasing an additional 71 shares during the last quarter. Finally, Maryland Capital Advisors Inc. bought a new position in shares of SPDR Gold Shares in the third quarter valued at approximately $40,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.5 %

NYSEARCA GLD opened at $259.94 on Tuesday. SPDR Gold Shares has a 1 year low of $183.78 and a 1 year high of $261.39. The company has a fifty day simple moving average of $246.38 and a 200 day simple moving average of $240.80.

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).