IVC Wealth Advisors LLC Has $395,000 Position in SPDR Gold Shares (NYSEARCA:GLD)

IVC Wealth Advisors LLC decreased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,631 shares of the exchange traded fund’s stock after selling 61 shares during the period. IVC Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $395,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Ashton Thomas Securities LLC purchased a new position in SPDR Gold Shares during the third quarter worth about $28,000. Capital Performance Advisors LLP purchased a new stake in shares of SPDR Gold Shares during the third quarter valued at approximately $35,000. Pittenger & Anderson Inc. bought a new stake in SPDR Gold Shares during the third quarter worth $38,000. Sugarloaf Wealth Management LLC boosted its position 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 worth $39,000 after purchasing an additional 71 shares during the last quarter. Finally, Maryland Capital Advisors Inc. bought a new position in SPDR Gold Shares in the 3rd quarter valued at $40,000. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Price Performance

Shares of NYSEARCA:GLD opened at $254.07 on Friday. The company’s 50-day moving average is $244.59 and its 200 day moving average is $239.07. SPDR Gold Shares has a fifty-two week low of $183.78 and a fifty-two week high of $257.71.

SPDR Gold Shares 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).