Krilogy Financial LLC Sells 8,630 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Krilogy Financial LLC decreased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 39.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 13,344 shares of the exchange traded fund’s stock after selling 8,630 shares during the period. Krilogy Financial LLC’s holdings in SPDR Gold Shares were worth $3,231,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. RDA Financial Network boosted its holdings in shares of SPDR Gold Shares by 1.8% during the third quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock worth $1,231,000 after acquiring an additional 88 shares during the period. Advance Capital Management Inc. increased its stake in shares of SPDR Gold Shares by 9.4% during the fourth quarter. Advance Capital Management Inc. now owns 3,683 shares of the exchange traded fund’s stock worth $892,000 after purchasing an additional 316 shares during the period. Centaurus Financial Inc. lifted its holdings in SPDR Gold Shares by 10.1% during the 2nd quarter. Centaurus Financial Inc. now owns 39,597 shares of the exchange traded fund’s stock worth $8,514,000 after purchasing an additional 3,630 shares during the last quarter. Inspirion Wealth Advisors LLC boosted its stake in SPDR Gold Shares by 0.8% in the 3rd quarter. Inspirion Wealth Advisors LLC now owns 6,180 shares of the exchange traded fund’s stock valued at $1,502,000 after purchasing an additional 50 shares during the period. Finally, GSA Capital Partners LLP acquired a new position in SPDR Gold Shares in the 3rd quarter valued at $564,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 0.5 %

GLD stock opened at $249.27 on Friday. The business’s fifty day moving average price is $243.85 and its two-hundred day moving average price is $238.21. SPDR Gold Shares has a fifty-two week low of $183.78 and a fifty-two week high of $257.71.

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).