Lionsbridge Wealth Management LLC Lowers Stake in SPDR Gold Shares (NYSEARCA:GLD)

Lionsbridge Wealth Management LLC decreased its position in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 13.1% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 8,462 shares of the exchange traded fund’s stock after selling 1,275 shares during the period. SPDR Gold Shares accounts for approximately 1.7% of Lionsbridge Wealth Management LLC’s portfolio, making the stock its 19th largest holding. Lionsbridge Wealth Management LLC’s holdings in SPDR Gold Shares were worth $2,049,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. RDA Financial Network raised its stake in 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 purchasing an additional 88 shares during the period. Advance Capital Management Inc. increased its holdings in shares of SPDR Gold Shares by 9.4% during the 4th quarter. Advance Capital Management Inc. now owns 3,683 shares of the exchange traded fund’s stock worth $892,000 after buying an additional 316 shares during the last quarter. Centaurus Financial Inc. raised its position in shares of SPDR Gold Shares by 10.1% in the 2nd quarter. Centaurus Financial Inc. now owns 39,597 shares of the exchange traded fund’s stock worth $8,514,000 after buying an additional 3,630 shares during the period. Inspirion Wealth Advisors LLC boosted its holdings in SPDR Gold Shares by 0.8% in the third quarter. Inspirion Wealth Advisors LLC now owns 6,180 shares of the exchange traded fund’s stock valued at $1,502,000 after acquiring an additional 50 shares during the last quarter. Finally, GSA Capital Partners LLP purchased a new stake in SPDR Gold Shares during the third quarter valued at about $564,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $249.27 on Monday. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $257.71. The stock’s 50-day moving average is $243.85 and its 200-day moving average is $238.37.

SPDR Gold Shares Company Profile

(Free Report)

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).

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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