Invst LLC Has $438,000 Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Invst LLC trimmed its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 2.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,031 shares of the exchange traded fund’s stock after selling 47 shares during the period. Invst LLC’s holdings in SPDR Gold Shares were worth $438,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in GLD. Trexquant Investment LP bought a new stake in SPDR Gold Shares during the fourth quarter worth about $371,000. Cornerstone Advisory LLC raised its position in SPDR Gold Shares by 9.7% during the fourth quarter. Cornerstone Advisory LLC now owns 2,205 shares of the exchange traded fund’s stock valued at $422,000 after purchasing an additional 195 shares in the last quarter. ROI Financial Advisors LLC acquired a new position in SPDR Gold Shares during the fourth quarter valued at approximately $2,693,000. Edge Capital Group LLC raised its position in SPDR Gold Shares by 0.5% during the fourth quarter. Edge Capital Group LLC now owns 24,341 shares of the exchange traded fund’s stock valued at $4,653,000 after purchasing an additional 133 shares in the last quarter. Finally, Southeast Asset Advisors Inc. raised its position in SPDR Gold Shares by 41.8% during the fourth quarter. Southeast Asset Advisors Inc. now owns 33,923 shares of the exchange traded fund’s stock valued at $6,485,000 after purchasing an additional 10,000 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Performance

Shares of GLD opened at $243.06 on Tuesday. SPDR Gold Shares has a one year low of $168.30 and a one year high of $247.37. The firm has a 50 day simple moving average of $231.33 and a two-hundred day simple moving average of $221.02.

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).