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

Compass Ion Advisors LLC lowered its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 0.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,259 shares of the exchange traded fund’s stock after selling 54 shares during the quarter. Compass Ion Advisors LLC’s holdings in SPDR Gold Shares were worth $1,699,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in GLD. First Dallas Securities Inc. bought a new position in SPDR Gold Shares in the 3rd quarter worth about $309,000. Waverly Advisors LLC boosted its position in SPDR Gold Shares by 9.0% during the 3rd quarter. Waverly Advisors LLC now owns 1,799 shares of the exchange traded fund’s stock worth $309,000 after acquiring an additional 148 shares during the period. Fairhaven Wealth Management LLC grew its stake in shares of SPDR Gold Shares by 18.3% in the third quarter. Fairhaven Wealth Management LLC now owns 1,771 shares of the exchange traded fund’s stock worth $304,000 after purchasing an additional 274 shares in the last quarter. Glenmede Trust Co. NA increased its holdings in shares of SPDR Gold Shares by 3.5% during the third quarter. Glenmede Trust Co. NA now owns 186,704 shares of the exchange traded fund’s stock valued at $32,010,000 after purchasing an additional 6,397 shares during the period. Finally, Axxcess Wealth Management LLC raised its stake in shares of SPDR Gold Shares by 1.8% during the third quarter. Axxcess Wealth Management LLC now owns 35,402 shares of the exchange traded fund’s stock valued at $6,070,000 after purchasing an additional 639 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

SPDR Gold Shares stock opened at $215.01 on Monday. The company’s 50-day moving average price is $216.20 and its two-hundred day moving average price is $202.93. SPDR Gold Shares has a 52 week low of $168.30 and a 52 week high of $225.66.

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).