Capital Investment Advisory Services LLC Sells 94 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Capital Investment Advisory Services LLC decreased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,185 shares of the exchange traded fund’s stock after selling 94 shares during the period. Capital Investment Advisory Services LLC’s holdings in SPDR Gold Shares were worth $697,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Archford Capital Strategies LLC acquired a new stake in shares of SPDR Gold Shares in the 2nd quarter valued at $25,000. Howe & Rusling Inc. lifted its position in SPDR Gold Shares by 81.8% during the 1st quarter. Howe & Rusling Inc. now owns 289 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 130 shares in the last quarter. Icon Wealth Partners LLC acquired a new position in SPDR Gold Shares during the 1st quarter worth about $47,000. Glassman Wealth Services acquired a new position in SPDR Gold Shares during the 2nd quarter worth about $56,000. Finally, CenterStar Asset Management LLC acquired a new position in SPDR Gold Shares during the 2nd quarter worth about $85,000.

NYSEARCA:GLD traded down $0.22 on Friday, hitting $141.10. 594,916 shares of the stock were exchanged, compared to its average volume of 9,262,552. SPDR Gold Shares has a 52 week low of $111.85 and a 52 week high of $146.82. The company’s 50-day moving average price is $140.70 and its 200 day moving average price is $128.92.

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).

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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