Traders Sell Shares of SPDR Gold Trust (GLD) on Strength (GLD)

Investors sold shares of SPDR Gold Trust (NYSEARCA:GLD) on strength during trading on Friday. $95.67 million flowed into the stock on the tick-up and $182.26 million flowed out of the stock on the tick-down, for a money net flow of $86.59 million out of the stock. Of all companies tracked, SPDR Gold Trust had the 4th highest net out-flow for the day. SPDR Gold Trust traded up $0.83 for the day and closed at $127.45

Several institutional investors have recently added to or reduced their stakes in the company. Venturi Wealth Management LLC lifted its position in shares of SPDR Gold Trust by 3.3% during the 4th quarter. Venturi Wealth Management LLC now owns 12,616 shares of the exchange traded fund’s stock worth $1,560,000 after purchasing an additional 399 shares during the last quarter. Clarkston Capital Partners LLC lifted its position in shares of SPDR Gold Trust by 22.0% during the 4th quarter. Clarkston Capital Partners LLC now owns 2,220 shares of the exchange traded fund’s stock worth $275,000 after purchasing an additional 400 shares during the last quarter. Horrell Capital Management Inc. lifted its position in shares of SPDR Gold Trust by 25.2% during the 4th quarter. Horrell Capital Management Inc. now owns 1,985 shares of the exchange traded fund’s stock worth $245,000 after purchasing an additional 400 shares during the last quarter. Guardian Capital Advisors LP lifted its position in shares of SPDR Gold Trust by 12.2% during the 4th quarter. Guardian Capital Advisors LP now owns 3,676 shares of the exchange traded fund’s stock worth $465,000 after purchasing an additional 400 shares during the last quarter. Finally, Modera Wealth Management LLC lifted its position in shares of SPDR Gold Trust by 8.5% during the 4th quarter. Modera Wealth Management LLC now owns 5,255 shares of the exchange traded fund’s stock worth $650,000 after purchasing an additional 410 shares during the last quarter.

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SPDR Gold Trust 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).

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