Sunbelt Securities Inc. Has $426,000 Stake in SPDR Gold Shares (NYSEARCA:GLD)

Sunbelt Securities Inc. reduced its position in SPDR Gold Shares (NYSEARCA:GLD) by 5.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,071 shares of the exchange traded fund’s stock after selling 109 shares during the quarter. Sunbelt Securities Inc.’s holdings in SPDR Gold Shares were worth $426,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Scarborough Advisors LLC lifted its position in shares of SPDR Gold Shares by 10,133.3% during the 4th quarter. Scarborough Advisors LLC now owns 2,662,393 shares of the exchange traded fund’s stock worth $508,970,000 after buying an additional 2,636,376 shares during the period. International Assets Investment Management LLC boosted its stake in shares of SPDR Gold Shares by 19,989.3% in the 4th quarter. International Assets Investment Management LLC now owns 2,437,035 shares of the exchange traded fund’s stock valued at $465,888,000 after purchasing an additional 2,424,904 shares in the last quarter. Euclidean Capital LLC boosted its stake in shares of SPDR Gold Shares by 91.4% in the 3rd quarter. Euclidean Capital LLC now owns 1,062,500 shares of the exchange traded fund’s stock valued at $182,166,000 after purchasing an additional 507,500 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of SPDR Gold Shares by 4.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 1,054,867 shares of the exchange traded fund’s stock worth $201,659,000 after purchasing an additional 47,681 shares during the last quarter. Finally, Raymond James & Associates increased its position in shares of SPDR Gold Shares by 0.5% during the 4th quarter. Raymond James & Associates now owns 844,620 shares of the exchange traded fund’s stock worth $161,466,000 after purchasing an additional 4,242 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of GLD stock opened at $212.64 on Thursday. SPDR Gold Shares has a 12-month low of $168.30 and a 12-month high of $225.66. The firm has a 50-day moving average price of $216.57 and a 200 day moving average price of $202.31.

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).