Mutual Advisors LLC Reduces Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Mutual Advisors LLC lowered its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 8.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 23,316 shares of the exchange traded fund’s stock after selling 2,289 shares during the quarter. Mutual Advisors LLC’s holdings in SPDR Gold Shares were worth $5,843,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in GLD. True North Advisors LLC bought a new position in SPDR Gold Shares in the fourth quarter worth approximately $222,000. Independent Wealth Network Inc. increased its stake in shares of SPDR Gold Shares by 2.6% in the 4th quarter. Independent Wealth Network Inc. now owns 9,998 shares of the exchange traded fund’s stock worth $2,421,000 after purchasing an additional 256 shares in the last quarter. Bartlett & CO. Wealth Management LLC raised its holdings in SPDR Gold Shares by 1.9% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 3,990 shares of the exchange traded fund’s stock worth $966,000 after purchasing an additional 75 shares during the period. Sharp Financial Services LLC lifted its position in SPDR Gold Shares by 1.8% during the fourth quarter. Sharp Financial Services LLC now owns 22,015 shares of the exchange traded fund’s stock valued at $5,330,000 after purchasing an additional 383 shares in the last quarter. Finally, Kelleher Financial Advisors grew its holdings in SPDR Gold Shares by 13.9% during the fourth quarter. Kelleher Financial Advisors now owns 3,917 shares of the exchange traded fund’s stock valued at $948,000 after purchasing an additional 478 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of GLD opened at $254.43 on Thursday. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $257.71. The business has a 50-day simple moving average of $244.59 and a two-hundred day simple moving average of $239.07.

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).