Curran Financial Partners LLC Sells 5,228 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Curran Financial Partners LLC reduced its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 38.1% in the fourth quarter, Holdings Channel reports. The fund owned 8,487 shares of the exchange traded fund’s stock after selling 5,228 shares during the quarter. Curran Financial Partners LLC’s holdings in SPDR Gold Shares were worth $1,582,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Compass Ion Advisors LLC lifted 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 worth $1,589,000 after buying an additional 54 shares in the last quarter. Pensionmark Financial Group LLC raised its position in SPDR Gold Shares by 1.1% in the first quarter. Pensionmark Financial Group LLC now owns 5,029 shares of the exchange traded fund’s stock worth $921,000 after acquiring an additional 55 shares during the period. Capital Market Strategies LLC raised its position in SPDR Gold Shares by 4.6% in the fourth quarter. Capital Market Strategies LLC now owns 1,247 shares of the exchange traded fund’s stock worth $238,000 after acquiring an additional 55 shares during the period. JB Capital LLC raised its position in SPDR Gold Shares by 2.4% in the fourth quarter. JB Capital LLC now owns 2,379 shares of the exchange traded fund’s stock worth $455,000 after acquiring an additional 55 shares during the period. Finally, IAG Wealth Partners LLC raised its position in SPDR Gold Shares by 9.5% in the third quarter. IAG Wealth Partners LLC now owns 648 shares of the exchange traded fund’s stock worth $111,000 after acquiring an additional 56 shares during the period. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Up 0.5 %

GLD traded up $1.04 during trading on Thursday, hitting $220.63. The company’s stock had a trading volume of 2,821,237 shares, compared to its average volume of 7,828,380. SPDR Gold Shares has a one year low of $168.30 and a one year high of $225.09. The business’s 50 day simple moving average is $200.25 and its 200-day simple moving average is $190.27.

About SPDR Gold Shares

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).