Atomi Financial Group Inc. Sells 1,305 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Atomi Financial Group Inc. trimmed its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 17.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,157 shares of the exchange traded fund’s stock after selling 1,305 shares during the period. Atomi Financial Group Inc.’s holdings in SPDR Gold Shares were worth $1,497,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in GLD. TKG Advisors LLC raised its stake in SPDR Gold Shares by 0.7% in the 4th quarter. TKG Advisors LLC now owns 15,224 shares of the exchange traded fund’s stock valued at $2,910,000 after acquiring an additional 110 shares during the period. City Holding Co. raised its stake in SPDR Gold Shares by 5.6% in the 1st quarter. City Holding Co. now owns 3,708 shares of the exchange traded fund’s stock valued at $763,000 after acquiring an additional 195 shares during the period. St. Johns Investment Management Company LLC raised its stake in SPDR Gold Shares by 5.7% in the 1st quarter. St. Johns Investment Management Company LLC now owns 27,729 shares of the exchange traded fund’s stock valued at $5,704,000 after acquiring an additional 1,492 shares during the period. Bradley Foster & Sargent Inc. CT raised its stake in SPDR Gold Shares by 0.8% in the 4th quarter. Bradley Foster & Sargent Inc. CT now owns 297,779 shares of the exchange traded fund’s stock valued at $56,926,000 after acquiring an additional 2,335 shares during the period. Finally, Traynor Capital Management Inc. raised its stake in SPDR Gold Shares by 19.9% in the 1st quarter. Traynor Capital Management Inc. now owns 1,720 shares of the exchange traded fund’s stock valued at $354,000 after acquiring an additional 285 shares during the period. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Performance

Shares of SPDR Gold Shares stock opened at $242.32 on Wednesday. SPDR Gold Shares has a 52-week low of $171.07 and a 52-week high of $247.37. The stock’s 50-day simple moving average is $233.77 and its 200 day simple moving average is $222.58.

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).