SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Azzad Asset Management Inc. ADV

Azzad Asset Management Inc. ADV decreased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 10.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,158 shares of the exchange traded fund’s stock after selling 352 shares during the period. Azzad Asset Management Inc. ADV’s holdings in SPDR Gold Shares were worth $768,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. TKG Advisors LLC boosted its stake in shares of SPDR Gold Shares by 0.7% during the 4th quarter. TKG Advisors LLC now owns 15,224 shares of the exchange traded fund’s stock worth $2,910,000 after acquiring an additional 110 shares in the last quarter. City Holding Co. boosted its stake in shares of SPDR Gold Shares by 5.6% during the 1st quarter. City Holding Co. now owns 3,708 shares of the exchange traded fund’s stock worth $763,000 after acquiring an additional 195 shares in the last quarter. St. Johns Investment Management Company LLC boosted its stake in shares of SPDR Gold Shares by 5.7% during the 1st quarter. St. Johns Investment Management Company LLC now owns 27,729 shares of the exchange traded fund’s stock worth $5,704,000 after acquiring an additional 1,492 shares in the last quarter. Bradley Foster & Sargent Inc. CT boosted its stake in shares of SPDR Gold Shares by 0.8% during the 4th quarter. Bradley Foster & Sargent Inc. CT now owns 297,779 shares of the exchange traded fund’s stock worth $56,926,000 after acquiring an additional 2,335 shares in the last quarter. Finally, Traynor Capital Management Inc. boosted its stake in shares of SPDR Gold Shares by 19.9% during the 1st quarter. Traynor Capital Management Inc. now owns 1,720 shares of the exchange traded fund’s stock worth $354,000 after acquiring an additional 285 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 NYSEARCA:GLD opened at $242.32 on Wednesday. The business’s 50 day simple moving average is $233.77 and its 200-day simple moving average is $222.58. SPDR Gold Shares has a 12 month low of $171.07 and a 12 month high of $247.37.

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).