SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Carnegie Investment Counsel

Carnegie Investment Counsel cut its position in SPDR Gold Shares (NYSEARCA:GLD) by 7.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,049 shares of the exchange traded fund’s stock after selling 550 shares during the period. Carnegie Investment Counsel’s holdings in SPDR Gold Shares were worth $1,707,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Semmax Financial Advisors Inc. lifted its holdings in SPDR Gold Shares by 78.7% in the second quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 48 shares during the period. Ashton Thomas Securities LLC acquired a new stake in shares of SPDR Gold Shares during the 3rd quarter worth about $28,000. Capital Performance Advisors LLP acquired a new position in SPDR Gold Shares in the 3rd quarter valued at $35,000. Pittenger & Anderson Inc. purchased a new position in SPDR Gold Shares during the third quarter worth about $38,000. Finally, Sugarloaf Wealth Management LLC increased its position 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 worth $39,000 after purchasing an additional 71 shares during the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

GLD stock opened at $249.27 on Friday. The stock has a 50-day moving average price of $243.82 and a two-hundred day moving average price of $237.98. SPDR Gold Shares has a 12-month low of $183.78 and a 12-month 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).