Annapolis Financial Services LLC Sells 1,561 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Annapolis Financial Services LLC lowered its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 84.9% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 278 shares of the exchange traded fund’s stock after selling 1,561 shares during the quarter. Annapolis Financial Services LLC’s holdings in SPDR Gold Shares were worth $57,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in GLD. American National Bank lifted its holdings in shares of SPDR Gold Shares by 50.0% during the first quarter. American National Bank now owns 150 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 50 shares during the last quarter. Hengehold Capital Management LLC raised its stake in shares of SPDR Gold Shares by 3.9% in the first quarter. Hengehold Capital Management LLC now owns 1,340 shares of the exchange traded fund’s stock valued at $276,000 after purchasing an additional 50 shares in the last quarter. Wealth Management Partners LLC raised its stake in shares of SPDR Gold Shares by 3.1% in the first quarter. Wealth Management Partners LLC now owns 1,720 shares of the exchange traded fund’s stock valued at $354,000 after purchasing an additional 51 shares in the last quarter. Founders Financial Securities LLC raised its stake in shares of SPDR Gold Shares by 1.5% in the first quarter. Founders Financial Securities LLC now owns 3,561 shares of the exchange traded fund’s stock valued at $733,000 after purchasing an additional 52 shares in the last quarter. Finally, Compass Ion Advisors LLC raised its stake in shares of SPDR Gold Shares by 0.7% in the fourth quarter. Compass Ion Advisors LLC now owns 8,313 shares of the exchange traded fund’s stock valued at $1,589,000 after purchasing an additional 54 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA GLD traded up $0.02 during trading hours on Friday, reaching $215.01. The stock had a trading volume of 3,955,080 shares, compared to its average volume of 5,524,778. The business’s fifty day moving average is $216.20 and its two-hundred day moving average is $202.82. SPDR Gold Shares has a twelve month low of $168.30 and a twelve month high of $225.66.

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).