Ellsworth Advisors LLC Sells 14,084 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Ellsworth Advisors LLC trimmed its position in SPDR Gold Shares (NYSEARCA:GLD) by 23.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 45,755 shares of the exchange traded fund’s stock after selling 14,084 shares during the quarter. SPDR Gold Shares makes up 2.9% of Ellsworth Advisors LLC’s portfolio, making the stock its biggest position. Ellsworth Advisors LLC’s holdings in SPDR Gold Shares were worth $11,121,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Triad Wealth Partners LLC acquired a new stake in shares of SPDR Gold Shares during the 2nd quarter worth approximately $25,000. Semmax Financial Advisors Inc. boosted its stake in SPDR Gold Shares by 78.7% in the second quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 48 shares during the last quarter. Northwest Investment Counselors LLC acquired a new stake in SPDR Gold Shares during the 1st quarter worth $26,000. Private Ocean LLC raised its position in shares of SPDR Gold Shares by 155.1% during the 2nd quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 76 shares during the last quarter. Finally, Security National Bank acquired a new position in shares of SPDR Gold Shares in the 1st quarter valued at $28,000. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Up 0.6 %

Shares of SPDR Gold Shares stock opened at $248.63 on Friday. The business has a fifty day simple moving average of $237.18 and a 200 day simple moving average of $224.63. SPDR Gold Shares has a 12 month low of $179.11 and a 12 month high of $249.06.

SPDR Gold Shares 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).