Claro Advisors LLC Has $856,000 Position in SPDR Gold Shares (NYSEARCA:GLD)

Claro Advisors LLC cut its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 15.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,521 shares of the exchange traded fund’s stock after selling 623 shares during the quarter. Claro Advisors LLC’s holdings in SPDR Gold Shares were worth $856,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in GLD. TIAA Trust National Association grew its holdings in SPDR Gold Shares by 51.8% in the 1st quarter. TIAA Trust National Association now owns 2,153 shares of the exchange traded fund’s stock valued at $443,000 after buying an additional 735 shares in the last quarter. Resurgent Financial Advisors LLC lifted its position in shares of SPDR Gold Shares by 72.2% during the 1st quarter. Resurgent Financial Advisors LLC now owns 1,789 shares of the exchange traded fund’s stock valued at $368,000 after acquiring an additional 750 shares during the period. Ameritas Investment Partners Inc. lifted its position in shares of SPDR Gold Shares by 19.5% during the 1st quarter. Ameritas Investment Partners Inc. now owns 890 shares of the exchange traded fund’s stock valued at $183,000 after acquiring an additional 145 shares during the period. O Shaughnessy Asset Management LLC lifted its position in shares of SPDR Gold Shares by 15.1% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 3,905 shares of the exchange traded fund’s stock valued at $803,000 after acquiring an additional 513 shares during the period. Finally, Lake Street Advisors Group LLC lifted its position in shares of SPDR Gold Shares by 44.4% during the 1st quarter. Lake Street Advisors Group LLC now owns 3,960 shares of the exchange traded fund’s stock valued at $815,000 after acquiring an additional 1,217 shares during the period. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Down 0.2 %

NYSEARCA:GLD opened at $236.59 on Monday. The stock has a fifty day moving average price of $244.95 and a 200-day moving average price of $229.64. SPDR Gold Shares has a fifty-two week low of $182.23 and a fifty-two week high of $257.71.

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).