Panoramic Investment Advisors LLC Reduces Stake in SPDR Gold Shares (NYSEARCA:GLD)

Panoramic Investment Advisors LLC lessened its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 6.7% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,277 shares of the exchange traded fund’s stock after selling 91 shares during the quarter. Panoramic Investment Advisors LLC’s holdings in SPDR Gold Shares were worth $263,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Main Line Retirement Advisors LLC increased its position in shares of SPDR Gold Shares by 23.1% during the 1st quarter. Main Line Retirement Advisors LLC now owns 1,625 shares of the exchange traded fund’s stock valued at $334,000 after purchasing an additional 305 shares during the last quarter. Bridgewealth Advisory Group LLC boosted its holdings in SPDR Gold Shares by 8.2% in the 1st quarter. Bridgewealth Advisory Group LLC now owns 2,518 shares of the exchange traded fund’s stock worth $518,000 after buying an additional 191 shares during the period. Silvia Mccoll Wealth Management LLC purchased a new stake in shares of SPDR Gold Shares during the first quarter worth about $225,000. O ROURKE & COMPANY Inc raised its position in shares of SPDR Gold Shares by 9.4% during the first quarter. O ROURKE & COMPANY Inc now owns 2,567 shares of the exchange traded fund’s stock valued at $528,000 after buying an additional 221 shares during the last quarter. Finally, Claro Advisors LLC grew its stake in SPDR Gold Shares by 17.5% during the first quarter. Claro Advisors LLC now owns 4,159 shares of the exchange traded fund’s stock valued at $856,000 after acquiring an additional 618 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.2 %

Shares of GLD traded down $0.41 during midday trading on Tuesday, hitting $215.16. 2,423,097 shares of the company traded hands, compared to its average volume of 7,276,024. SPDR Gold Shares has a 52 week low of $168.30 and a 52 week high of $225.66. The firm has a 50 day moving average of $216.20 and a 200-day moving average of $202.93.

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).