Compton Wealth Advisory Group LLC Sells 328 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Compton Wealth Advisory Group LLC reduced its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 23.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,081 shares of the exchange traded fund’s stock after selling 328 shares during the period. Compton Wealth Advisory Group LLC’s holdings in SPDR Gold Shares were worth $262,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of GLD. Semmax Financial Advisors Inc. grew its position in shares of SPDR Gold Shares by 78.7% during the 2nd 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 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 boosted its holdings 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 Down 1.0 %

GLD traded down $2.40 on Monday, hitting $245.81. The company’s stock had a trading volume of 3,706,068 shares, compared to its average volume of 6,007,893. The company’s 50 day simple moving average is $244.01 and its 200-day simple moving average is $237.37. 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).