Vista Finance LLC Sells 857 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Vista Finance LLC lowered its stake in SPDR Gold Shares (NYSEARCA:GLD) by 1.9% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 45,304 shares of the exchange traded fund’s stock after selling 857 shares during the quarter. SPDR Gold Shares accounts for about 14.9% of Vista Finance LLC’s portfolio, making the stock its biggest holding. Vista Finance LLC’s holdings in SPDR Gold Shares were worth $11,012,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Aviance Capital Partners LLC acquired a new stake in SPDR Gold Shares during the 1st quarter worth $394,000. Miracle Mile Advisors LLC boosted its stake in SPDR Gold Shares by 95.3% during the 1st quarter. Miracle Mile Advisors LLC now owns 4,690 shares of the exchange traded fund’s stock worth $965,000 after purchasing an additional 2,289 shares during the last quarter. Kiley Juergens Wealth Management LLC boosted its stake in SPDR Gold Shares by 3.5% during the 1st quarter. Kiley Juergens Wealth Management LLC now owns 16,577 shares of the exchange traded fund’s stock worth $3,410,000 after purchasing an additional 561 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. boosted its stake in SPDR Gold Shares by 2.6% during the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 459,272 shares of the exchange traded fund’s stock worth $94,481,000 after purchasing an additional 11,577 shares during the last quarter. Finally, Valeo Financial Advisors LLC boosted its stake in SPDR Gold Shares by 6.6% during the 1st quarter. Valeo Financial Advisors LLC now owns 5,095 shares of the exchange traded fund’s stock worth $1,048,000 after purchasing an additional 317 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.0 %

Shares of NYSEARCA GLD traded up $2.44 during trading on Tuesday, hitting $255.77. 2,209,421 shares of the company were exchanged, compared to its average volume of 6,939,027. SPDR Gold Shares has a 12-month low of $179.11 and a 12-month high of $256.03. The company has a fifty day moving average price of $240.56 and a 200-day moving average price of $226.66.

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).