Vigilare Wealth Management Sells 3,100 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Vigilare Wealth Management cut its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 8.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 32,726 shares of the exchange traded fund’s stock after selling 3,100 shares during the quarter. SPDR Gold Shares accounts for 3.2% of Vigilare Wealth Management’s investment portfolio, making the stock its 7th biggest holding. Vigilare Wealth Management’s holdings in SPDR Gold Shares were worth $7,924,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of GLD. Semmax Financial Advisors Inc. lifted its position in shares of 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 acquiring an additional 48 shares in the last quarter. Ashton Thomas Securities LLC acquired a new position in SPDR Gold Shares in the 3rd quarter valued at about $28,000. Capital Performance Advisors LLP purchased a new position in SPDR Gold Shares in the 3rd quarter valued at about $35,000. Pittenger & Anderson Inc. acquired a new stake in shares of SPDR Gold Shares during the 3rd quarter worth about $38,000. Finally, Sugarloaf Wealth Management LLC grew its holdings in shares of SPDR Gold Shares by 78.9% during the third quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 71 shares in the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

Shares of GLD traded down $2.52 on Monday, hitting $245.69. 8,076,229 shares of the stock traded hands, compared to its average volume of 6,620,395. SPDR Gold Shares has a 1 year low of $183.78 and a 1 year high of $257.71. The stock’s 50 day moving average is $244.01 and its two-hundred day moving average is $237.37.

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).