Vance Wealth Inc. Has $348,000 Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Vance Wealth Inc. reduced its stake in SPDR Gold Shares (NYSEARCA:GLD) by 12.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,432 shares of the exchange traded fund’s stock after selling 200 shares during the quarter. Vance Wealth Inc.’s holdings in SPDR Gold Shares were worth $348,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Toronto Dominion Bank lifted its stake in shares of SPDR Gold Shares by 23.6% in the first quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock worth $1,162,217,000 after acquiring an additional 1,079,452 shares during the period. International Assets Investment Management LLC lifted its stake in shares of SPDR Gold Shares by 21,571.1% in the third quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock worth $735,169,000 after acquiring an additional 3,010,682 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of SPDR Gold Shares by 2.6% in the second quarter. Envestnet Asset Management Inc. now owns 1,128,933 shares of the exchange traded fund’s stock worth $242,732,000 after acquiring an additional 28,683 shares during the period. Commonwealth Equity Services LLC lifted its stake in shares of SPDR Gold Shares by 7.5% in the second quarter. Commonwealth Equity Services LLC now owns 1,007,710 shares of the exchange traded fund’s stock worth $216,668,000 after acquiring an additional 70,290 shares during the period. Finally, Raymond James Financial Services Advisors Inc. lifted its stake in shares of SPDR Gold Shares by 6.8% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 857,981 shares of the exchange traded fund’s stock worth $184,474,000 after acquiring an additional 54,974 shares during the period. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Up 1.9 %

SPDR Gold Shares stock opened at $241.09 on Tuesday. The stock’s 50 day moving average is $245.14 and its 200 day moving average is $229.84. SPDR Gold Shares has a one year low of $182.23 and a one year high of $257.71.

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).