Independent Solutions Wealth Management LLC Sells 252 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Independent Solutions Wealth Management LLC reduced its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 16.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,248 shares of the exchange traded fund’s stock after selling 252 shares during the period. Independent Solutions Wealth Management LLC’s holdings in SPDR Gold Shares were worth $303,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC lifted its holdings in SPDR Gold Shares by 21,571.1% during the 3rd quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock worth $735,169,000 after buying an additional 3,010,682 shares during the period. Arizona PSPRS Trust bought a new stake in SPDR Gold Shares in the second quarter valued at approximately $157,187,000. Strategic Financial Concepts LLC increased its position in SPDR Gold Shares by 9,654.6% during the 2nd quarter. Strategic Financial Concepts LLC now owns 550,450 shares of the exchange traded fund’s stock valued at $1,184,000 after purchasing an additional 544,807 shares during the period. Cerity Partners OCIO LLC acquired a new stake in SPDR Gold Shares during the 2nd quarter valued at approximately $78,434,000. Finally, Bailard Inc. raised its holdings in SPDR Gold Shares by 2,310.2% during the 2nd quarter. Bailard Inc. now owns 322,823 shares of the exchange traded fund’s stock worth $69,410,000 after purchasing an additional 309,429 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.1 %

NYSEARCA:GLD opened at $239.60 on Friday. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $257.71. The firm’s fifty day moving average is $246.54 and its 200-day moving average is $233.95.

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).