SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC reduced its position in SPDR Gold Shares (NYSEARCA:GLD) by 1.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,580 shares of the exchange traded fund’s stock after selling 100 shares during the period. Verdence Capital Advisors LLC’s holdings in SPDR Gold Shares were worth $1,067,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in GLD. Miracle Mile Advisors LLC raised its position in SPDR Gold Shares by 33.8% during the fourth quarter. Miracle Mile Advisors LLC now owns 2,401 shares of the exchange traded fund’s stock worth $459,000 after acquiring an additional 607 shares during the period. Syon Capital LLC acquired a new position in SPDR Gold Shares during the third quarter worth $6,972,000. Raymond James & Associates raised its position in SPDR Gold Shares by 0.5% during the fourth quarter. Raymond James & Associates now owns 844,620 shares of the exchange traded fund’s stock worth $161,466,000 after acquiring an additional 4,242 shares during the period. Marks Wealth LLC acquired a new position in SPDR Gold Shares during the fourth quarter worth $33,299,000. Finally, Planned Solutions Inc. acquired a new position in SPDR Gold Shares during the fourth quarter worth $65,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Up 0.3 %

SPDR Gold Shares stock opened at $221.03 on Monday. SPDR Gold Shares has a 52-week low of $168.30 and a 52-week high of $225.09. The company has a fifty day simple moving average of $201.56 and a 200-day simple moving average of $191.14.

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).