Houlihan Financial Resource Group Ltd. Cuts Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

Houlihan Financial Resource Group Ltd. decreased its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,703 shares of the exchange traded fund’s stock after selling 150 shares during the period. Houlihan Financial Resource Group Ltd.’s holdings in SPDR Gold Shares were worth $968,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Scarborough Advisors LLC raised its stake in shares of SPDR Gold Shares by 10,133.3% in the fourth quarter. Scarborough Advisors LLC now owns 2,662,393 shares of the exchange traded fund’s stock valued at $508,970,000 after acquiring an additional 2,636,376 shares in the last quarter. International Assets Investment Management LLC raised its position in SPDR Gold Shares by 19,989.3% in the 4th quarter. International Assets Investment Management LLC now owns 2,437,035 shares of the exchange traded fund’s stock valued at $465,888,000 after purchasing an additional 2,424,904 shares in the last quarter. Euclidean Capital LLC boosted its stake in shares of SPDR Gold Shares by 91.4% in the 3rd quarter. Euclidean Capital LLC now owns 1,062,500 shares of the exchange traded fund’s stock valued at $182,166,000 after buying an additional 507,500 shares during the period. Commonwealth Equity Services LLC grew its position in shares of SPDR Gold Shares by 4.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,054,867 shares of the exchange traded fund’s stock worth $201,659,000 after buying an additional 47,681 shares in the last quarter. Finally, Raymond James & Associates increased its stake in shares of SPDR Gold Shares by 2.8% during the first quarter. Raymond James & Associates now owns 868,088 shares of the exchange traded fund’s stock worth $178,583,000 after buying an additional 23,468 shares during the period. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Down 0.1 %

SPDR Gold Shares stock traded down $0.16 during trading on Friday, reaching $223.09. The stock had a trading volume of 5,174,566 shares, compared to its average volume of 7,219,802. SPDR Gold Shares has a 52-week low of $168.30 and a 52-week high of $225.66. The business has a 50 day moving average price of $217.09 and a 200 day moving average price of $204.83.

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).