Baker Ellis Asset Management LLC Sells 217 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Baker Ellis Asset Management LLC reduced its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 2.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,899 shares of the exchange traded fund’s stock after selling 217 shares during the period. Baker Ellis Asset Management LLC’s holdings in SPDR Gold Shares were worth $1,913,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Semmax Financial Advisors Inc. increased its position in SPDR Gold Shares by 78.7% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 48 shares during the period. Ashton Thomas Securities LLC bought a new position in SPDR Gold Shares in the 3rd quarter worth approximately $28,000. Capital Performance Advisors LLP bought a new position in SPDR Gold Shares in the 3rd quarter worth approximately $35,000. Pittenger & Anderson Inc. bought a new position in SPDR Gold Shares in the 3rd quarter worth approximately $38,000. Finally, Sugarloaf Wealth Management LLC increased its position in SPDR Gold Shares by 78.9% in the 3rd 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 during the period. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Up 0.5 %

Shares of NYSEARCA GLD opened at $254.43 on Thursday. The business’s 50 day moving average is $244.25 and its two-hundred day moving average is $238.96. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month 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).