Farther Finance Advisors LLC Lowers Position in SPDR Gold Shares (NYSEARCA:GLD)

Farther Finance Advisors LLC reduced its stake in SPDR Gold Shares (NYSEARCA:GLD) by 1.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 16,937 shares of the exchange traded fund’s stock after selling 210 shares during the quarter. Farther Finance Advisors LLC’s holdings in SPDR Gold Shares were worth $4,117,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Atlas Financial Advisors Inc. raised its position in SPDR Gold Shares by 12.9% in the 3rd quarter. Atlas Financial Advisors Inc. now owns 2,966 shares of the exchange traded fund’s stock valued at $721,000 after buying an additional 340 shares during the last quarter. Gladstone Institutional Advisory LLC raised its position in SPDR Gold Shares by 20.8% in the 3rd quarter. Gladstone Institutional Advisory LLC now owns 31,199 shares of the exchange traded fund’s stock valued at $7,583,000 after buying an additional 5,374 shares during the last quarter. Human Investing LLC grew its stake in SPDR Gold Shares by 10.2% in the 3rd quarter. Human Investing LLC now owns 1,550 shares of the exchange traded fund’s stock valued at $377,000 after purchasing an additional 144 shares during the period. Nadler Financial Group Inc. grew its stake in SPDR Gold Shares by 3.1% in the 3rd quarter. Nadler Financial Group Inc. now owns 8,298 shares of the exchange traded fund’s stock valued at $2,017,000 after purchasing an additional 252 shares during the period. Finally, Creative Financial Designs Inc. ADV grew its stake in SPDR Gold Shares by 14.5% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 3,597 shares of the exchange traded fund’s stock valued at $874,000 after purchasing an additional 456 shares during the period. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA:GLD opened at $252.52 on Friday. The business has a fifty day moving average price of $242.43 and a two-hundred day moving average price of $227.56. SPDR Gold Shares has a 1 year low of $179.11 and a 1 year high of $257.71.

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).