Mitchell Mcleod Pugh & Williams Inc. Sells 743 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Mitchell Mcleod Pugh & Williams Inc. lowered its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 22.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,589 shares of the exchange traded fund’s stock after selling 743 shares during the quarter. Mitchell Mcleod Pugh & Williams Inc.’s holdings in SPDR Gold Shares were worth $495,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Mather Group LLC. grew its position in shares of SPDR Gold Shares by 66.6% during the 4th quarter. Mather Group LLC. now owns 3,303 shares of the exchange traded fund’s stock valued at $631,000 after acquiring an additional 1,320 shares during the period. Flaharty Asset Management LLC increased its holdings in SPDR Gold Shares by 8.2% in the 4th quarter. Flaharty Asset Management LLC now owns 3,256 shares of the exchange traded fund’s stock worth $622,000 after acquiring an additional 247 shares during the last quarter. Eagle Wealth Strategies LLC bought a new stake in SPDR Gold Shares in the 4th quarter valued at about $215,000. Marco Investment Management LLC raised its stake in SPDR Gold Shares by 1,188.4% in the 4th quarter. Marco Investment Management LLC now owns 22,740 shares of the exchange traded fund’s stock valued at $4,347,000 after acquiring an additional 20,975 shares during the period. Finally, Silver Oak Securities Incorporated lifted its holdings in SPDR Gold Shares by 317.9% during the fourth quarter. Silver Oak Securities Incorporated now owns 21,222 shares of the exchange traded fund’s stock valued at $4,057,000 after purchasing an additional 16,144 shares during the last quarter. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Performance

NYSEARCA:GLD opened at $216.18 on Tuesday. The stock’s fifty day moving average price is $205.15 and its two-hundred day moving average price is $192.99. SPDR Gold Shares has a 1 year low of $168.30 and a 1 year high of $225.09.

About SPDR Gold Shares

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).