Allworth Financial LP Sells 1,195 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Allworth Financial LP lessened its stake in SPDR Gold Shares (NYSEARCA:GLD) by 1.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 101,883 shares of the exchange traded fund’s stock after selling 1,195 shares during the period. Allworth Financial LP’s holdings in SPDR Gold Shares were worth $24,764,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Semmax Financial Advisors Inc. lifted its position in SPDR Gold Shares by 78.7% in 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 during the last quarter. Triad Wealth Partners LLC bought a new stake in SPDR Gold Shares during the 2nd quarter valued at $25,000. Private Ocean LLC raised its holdings in SPDR Gold Shares by 155.1% during the 2nd quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 76 shares during the last quarter. Chris Bulman Inc purchased a new stake in SPDR Gold Shares during the 2nd quarter valued at $29,000. Finally, Sugarloaf Wealth Management LLC grew its holdings in SPDR Gold Shares by 78.9% in the 3rd quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 71 shares during the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

GLD stock opened at $253.32 on Friday. The firm’s 50-day moving average price is $239.70 and its two-hundred day moving average price is $226.04. SPDR Gold Shares has a 12-month low of $179.11 and a 12-month high of $253.94.

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).