Onyx Bridge Wealth Group LLC Trims Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

Onyx Bridge Wealth Group LLC lessened its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,404 shares of the exchange traded fund’s stock after selling 162 shares during the quarter. Onyx Bridge Wealth Group LLC’s holdings in SPDR Gold Shares were worth $842,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. First Personal Financial Services acquired a new stake in shares of SPDR Gold Shares during the fourth quarter valued at about $25,000. Johnson Midwest Financial LLC increased its holdings in SPDR Gold Shares by 350.0% in the 3rd quarter. Johnson Midwest Financial LLC now owns 180 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 140 shares during the last quarter. Private Ocean LLC increased its holdings in SPDR Gold Shares by 232.7% in the 4th quarter. Private Ocean LLC now owns 163 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 114 shares during the last quarter. Naples Money Management LLC purchased a new stake in SPDR Gold Shares in the fourth quarter valued at approximately $31,000. Finally, First Command Advisory Services Inc. acquired a new position in SPDR Gold Shares during the third quarter worth $34,000. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Up 0.3 %

Shares of GLD traded up $0.71 during midday trading on Friday, hitting $221.05. 8,683,517 shares of the stock were exchanged, compared to its average volume of 7,892,074. SPDR Gold Shares has a 52-week low of $168.30 and a 52-week high of $225.09. The stock has a fifty day simple moving average of $201.56 and a 200 day simple moving average of $190.83.

About SPDR Gold Shares

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).