SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by SignalPoint Asset Management LLC

SignalPoint Asset Management LLC cut its position in SPDR Gold Shares (NYSEARCA:GLD) by 18.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,630 shares of the exchange traded fund’s stock after selling 593 shares during the period. SignalPoint Asset Management LLC’s holdings in SPDR Gold Shares were worth $637,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in GLD. Semmax Financial Advisors Inc. lifted its position in SPDR Gold Shares by 78.7% during the second quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 48 shares in the last quarter. Ashton Thomas Securities LLC purchased a new position in SPDR Gold Shares during the third quarter worth approximately $28,000. Capital Performance Advisors LLP purchased a new position in SPDR Gold Shares during the third quarter worth approximately $35,000. Pittenger & Anderson Inc. purchased a new position in SPDR Gold Shares during the third quarter worth approximately $38,000. Finally, Sugarloaf Wealth Management LLC lifted its position in SPDR Gold Shares by 78.9% during the third quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 71 shares in the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Up 0.7 %

Shares of SPDR Gold Shares stock opened at $248.88 on Thursday. SPDR Gold Shares has a one year low of $183.78 and a one year high of $257.71. The business’s 50 day moving average price is $243.74 and its 200 day moving average price is $237.81.

SPDR Gold Shares Company 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).