Calton & Associates Inc. Cuts Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Calton & Associates Inc. reduced its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 49.8% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,597 shares of the exchange traded fund’s stock after selling 6,547 shares during the period. Calton & Associates Inc.’s holdings in SPDR Gold Shares were worth $1,357,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. American National Bank raised its holdings in SPDR Gold Shares by 50.0% during the first quarter. American National Bank now owns 150 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 50 shares in the last quarter. Hengehold Capital Management LLC grew its position in SPDR Gold Shares by 3.9% during the first quarter. Hengehold Capital Management LLC now owns 1,340 shares of the exchange traded fund’s stock worth $276,000 after buying an additional 50 shares during the period. Wealth Management Partners LLC grew its position in SPDR Gold Shares by 3.1% during the first quarter. Wealth Management Partners LLC now owns 1,720 shares of the exchange traded fund’s stock worth $354,000 after buying an additional 51 shares during the period. Compass Ion Advisors LLC grew its position in SPDR Gold Shares by 0.7% during the fourth quarter. Compass Ion Advisors LLC now owns 8,313 shares of the exchange traded fund’s stock worth $1,589,000 after buying an additional 54 shares during the period. Finally, Capital Market Strategies LLC grew its position in SPDR Gold Shares by 4.6% during the fourth quarter. Capital Market Strategies LLC now owns 1,247 shares of the exchange traded fund’s stock worth $238,000 after buying an additional 55 shares during the period. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Up 0.0 %

GLD traded up $0.03 on Friday, hitting $215.02. 3,936,317 shares of the company were exchanged, compared to its average volume of 7,344,677. The business’s fifty day moving average is $216.20 and its 200 day moving average is $202.69. SPDR Gold Shares has a fifty-two week low of $168.30 and a fifty-two week high of $225.66.

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).