SPDR Gold Shares (NYSEARCA:GLD) Stock Holdings Cut by Stonehearth Capital Management LLC

Stonehearth Capital Management LLC reduced its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 37,455 shares of the exchange traded fund’s stock after selling 794 shares during the quarter. SPDR Gold Shares accounts for approximately 3.6% of Stonehearth Capital Management LLC’s holdings, making the stock its 8th biggest position. Stonehearth Capital Management LLC’s holdings in SPDR Gold Shares were worth $9,069,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Semmax Financial Advisors Inc. grew its position in shares of SPDR Gold Shares by 78.7% during the second quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 48 shares in the last quarter. Ashton Thomas Securities LLC bought a new stake in SPDR Gold Shares in the 3rd quarter worth approximately $28,000. Chris Bulman Inc purchased a new stake in shares of SPDR Gold Shares during the 2nd quarter worth approximately $29,000. Capital Performance Advisors LLP bought a new position in shares of SPDR Gold Shares during the 3rd quarter valued at approximately $35,000. Finally, Pittenger & Anderson Inc. purchased a new position in shares of SPDR Gold Shares in the third quarter valued at $38,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.7 %

GLD traded up $1.72 during trading hours on Tuesday, hitting $244.91. The company’s stock had a trading volume of 2,998,848 shares, compared to its average volume of 4,458,606. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $257.71. The business’s 50-day moving average price is $244.72 and its 200-day moving average price is $236.48.

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).