Patriot Financial Group Insurance Agency LLC Trims Position in SPDR Gold Shares (NYSEARCA:GLD)

Patriot Financial Group Insurance Agency LLC lowered its stake in SPDR Gold Shares (NYSEARCA:GLD) by 2.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,852 shares of the exchange traded fund’s stock after selling 119 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in SPDR Gold Shares were worth $1,258,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in GLD. Raymond James & Associates boosted its holdings in shares of SPDR Gold Shares by 2.8% during the 1st quarter. Raymond James & Associates now owns 868,088 shares of the exchange traded fund’s stock valued at $178,583,000 after buying an additional 23,468 shares in the last quarter. Evexia Wealth LLC increased its stake in shares of SPDR Gold Shares by 36.6% during the fourth quarter. Evexia Wealth LLC now owns 4,672 shares of the exchange traded fund’s stock valued at $881,000 after purchasing an additional 1,253 shares in the last quarter. TKG Advisors LLC lifted its holdings in shares of SPDR Gold Shares by 0.7% during the fourth quarter. TKG Advisors LLC now owns 15,224 shares of the exchange traded fund’s stock valued at $2,910,000 after purchasing an additional 110 shares during the last quarter. City Holding Co. lifted its holdings in shares of SPDR Gold Shares by 5.6% during the first quarter. City Holding Co. now owns 3,708 shares of the exchange traded fund’s stock valued at $763,000 after purchasing an additional 195 shares during the last quarter. Finally, Ndwm LLC bought a new stake in shares of SPDR Gold Shares in the 4th quarter worth approximately $546,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Down 0.6 %

Shares of NYSEARCA GLD traded down $1.38 during trading on Wednesday, reaching $232.01. The company had a trading volume of 1,895,004 shares, compared to its average volume of 7,121,810. The business’s 50-day moving average is $222.48 and its 200 day moving average is $213.12. SPDR Gold Shares has a 12-month low of $168.30 and a 12-month high of $234.01.

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).