SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Ellsworth Advisors LLC

Ellsworth Advisors LLC lessened its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 2.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 44,806 shares of the exchange traded fund’s stock after selling 949 shares during the period. SPDR Gold Shares makes up 2.8% of Ellsworth Advisors LLC’s investment portfolio, making the stock its largest position. Ellsworth Advisors LLC’s holdings in SPDR Gold Shares were worth $10,849,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of GLD. Romano Brothers AND Company raised its holdings in shares of SPDR Gold Shares by 1.0% in the 3rd quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock valued at $1,002,000 after buying an additional 40 shares during the period. Delta Financial Group Inc. increased its stake in SPDR Gold Shares by 1.2% during the third quarter. Delta Financial Group Inc. now owns 3,492 shares of the exchange traded fund’s stock worth $849,000 after purchasing an additional 41 shares during the period. Spinnaker Trust lifted its position in shares of SPDR Gold Shares by 1.1% during the third quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock worth $956,000 after purchasing an additional 43 shares in the last quarter. Compton Wealth Advisory Group LLC boosted its stake in shares of SPDR Gold Shares by 3.2% in the third quarter. Compton Wealth Advisory Group LLC now owns 1,409 shares of the exchange traded fund’s stock valued at $342,000 after purchasing an additional 44 shares during the period. Finally, Acorn Wealth Advisors LLC grew its holdings in shares of SPDR Gold Shares by 1.4% in the third quarter. Acorn Wealth Advisors LLC now owns 3,242 shares of the exchange traded fund’s stock valued at $788,000 after purchasing an additional 44 shares in the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Down 0.5 %

SPDR Gold Shares stock opened at $249.27 on Monday. SPDR Gold Shares has a 52-week low of $183.78 and a 52-week high of $257.71. The company’s 50 day moving average is $243.85 and its two-hundred day moving average is $238.37.

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).