Blue Zone Wealth Advisors LLC Sells 130 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Blue Zone Wealth Advisors LLC cut its holdings in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 7.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,515 shares of the exchange traded fund’s stock after selling 130 shares during the quarter. Blue Zone Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $368,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of GLD. Delta Financial Group Inc. boosted its holdings in SPDR Gold Shares by 1.2% in the 3rd quarter. Delta Financial Group Inc. now owns 3,492 shares of the exchange traded fund’s stock valued at $849,000 after purchasing an additional 41 shares during the period. Ballast Inc. lifted its stake in shares of SPDR Gold Shares by 3.6% in the second quarter. Ballast Inc. now owns 1,295 shares of the exchange traded fund’s stock valued at $278,000 after buying an additional 45 shares during the period. Sunbelt Securities Inc. grew its position in SPDR Gold Shares by 2.2% during the second quarter. Sunbelt Securities Inc. now owns 2,116 shares of the exchange traded fund’s stock worth $455,000 after buying an additional 45 shares in the last quarter. Peoples Bank KS increased its stake in SPDR Gold Shares by 4.6% during the third quarter. Peoples Bank KS now owns 1,023 shares of the exchange traded fund’s stock valued at $249,000 after acquiring an additional 45 shares during the period. Finally, Burkett Financial Services LLC increased its stake in SPDR Gold Shares by 9.9% during the second quarter. Burkett Financial Services LLC now owns 512 shares of the exchange traded fund’s stock valued at $110,000 after acquiring an additional 46 shares during the period. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Trading Down 0.3 %

Shares of GLD stock opened at $244.18 on Tuesday. SPDR Gold Shares has a 12 month low of $171.07 and a 12 month high of $247.37. The stock has a 50 day moving average of $233.29 and a two-hundred day moving average of $222.28.

About SPDR Gold Shares

(Free Report)

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).

Further Reading

Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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