SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by First Horizon Advisors Inc.

First Horizon Advisors Inc. reduced its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 111,488 shares of the exchange traded fund’s stock after selling 1,243 shares during the period. First Horizon Advisors Inc.’s holdings in SPDR Gold Shares were worth $21,313,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in GLD. Fisher Asset Management LLC raised its holdings in shares of SPDR Gold Shares by 7.6% during the fourth quarter. Fisher Asset Management LLC now owns 5,588 shares of the exchange traded fund’s stock worth $1,068,000 after purchasing an additional 396 shares during the period. Summit Financial LLC grew its holdings in shares of SPDR Gold Shares by 2.3% during the fourth quarter. Summit Financial LLC now owns 20,011 shares of the exchange traded fund’s stock valued at $3,826,000 after purchasing an additional 445 shares during the last quarter. Howe & Rusling Inc. grew its holdings in shares of SPDR Gold Shares by 9.3% during the fourth quarter. Howe & Rusling Inc. now owns 1,733 shares of the exchange traded fund’s stock valued at $331,000 after purchasing an additional 147 shares during the last quarter. Essex Financial Services Inc. boosted its position in SPDR Gold Shares by 7.4% during the 4th quarter. Essex Financial Services Inc. now owns 74,762 shares of the exchange traded fund’s stock valued at $14,292,000 after purchasing an additional 5,133 shares during the period. Finally, Brandywine Oak Private Wealth LLC boosted its position in SPDR Gold Shares by 1.9% during the 4th quarter. Brandywine Oak Private Wealth LLC now owns 5,331 shares of the exchange traded fund’s stock valued at $1,019,000 after purchasing an additional 100 shares during the period. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Trading Down 0.4 %

Shares of SPDR Gold Shares stock traded down $0.95 on Thursday, hitting $212.84. The company had a trading volume of 3,452,481 shares, compared to its average volume of 7,928,542. SPDR Gold Shares has a 52 week low of $168.30 and a 52 week high of $225.09. The business has a 50-day simple moving average of $206.17 and a 200-day simple moving average of $193.37.

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).