SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Smith Anglin Financial LLC

Smith Anglin Financial LLC trimmed its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 60.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,189 shares of the exchange traded fund’s stock after selling 8,084 shares during the period. Smith Anglin Financial LLC’s holdings in SPDR Gold Shares were worth $1,256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Semmax Financial Advisors Inc. lifted its position in shares of SPDR Gold Shares by 78.7% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 48 shares during the last quarter. Ashton Thomas Securities LLC acquired a new stake in SPDR Gold Shares during the 3rd quarter worth $28,000. Capital Performance Advisors LLP acquired a new stake in SPDR Gold Shares during the 3rd quarter worth $35,000. Pittenger & Anderson Inc. purchased a new stake in SPDR Gold Shares in the third quarter valued at $38,000. Finally, Sugarloaf Wealth Management LLC boosted its stake in SPDR Gold Shares by 78.9% in the third quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 71 shares in the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

NYSEARCA:GLD opened at $248.51 on Wednesday. The stock’s 50 day moving average price is $243.74 and its 200 day moving average price is $237.81. SPDR Gold Shares has a 52-week low of $183.78 and a 52-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).