Walkner Condon Financial Advisors LLC Trims Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Walkner Condon Financial Advisors LLC cut its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 5.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 10,022 shares of the exchange traded fund’s stock after selling 543 shares during the period. Walkner Condon Financial Advisors LLC’s holdings in SPDR Gold Shares were worth $2,427,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Romano Brothers AND Company raised its holdings in shares of SPDR Gold Shares by 1.0% during the 3rd quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock valued at $1,002,000 after buying an additional 40 shares during the period. Clarus Group Inc. lifted its holdings in SPDR Gold Shares by 2.2% in the fourth quarter. Clarus Group Inc. now owns 1,825 shares of the exchange traded fund’s stock worth $442,000 after acquiring an additional 40 shares during the last quarter. Magnus Financial Group LLC grew its holdings in shares of SPDR Gold Shares by 0.6% during the fourth quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock valued at $1,780,000 after purchasing an additional 41 shares during the last quarter. Gradient Capital Advisors LLC lifted its stake in SPDR Gold Shares by 0.7% in the fourth quarter. Gradient Capital Advisors LLC now owns 5,743 shares of the exchange traded fund’s stock valued at $1,391,000 after buying an additional 42 shares during the last quarter. Finally, Spinnaker Trust grew its position in SPDR Gold Shares by 1.1% in the 3rd quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock worth $956,000 after purchasing an additional 43 shares during the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Up 1.0 %

Shares of NYSEARCA:GLD opened at $270.31 on Friday. SPDR Gold Shares has a twelve month low of $183.78 and a twelve month high of $270.39. The company has a 50 day moving average of $249.73 and a 200-day moving average of $243.07.

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).