Occidental Asset Management LLC Sells 106 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Occidental Asset Management LLC trimmed its position in SPDR Gold Shares (NYSEARCA:GLD) by 7.8% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 1,256 shares of the exchange traded fund’s stock after selling 106 shares during the period. Occidental Asset Management LLC’s holdings in SPDR Gold Shares were worth $258,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Scarborough Advisors LLC boosted its position in SPDR Gold Shares by 10,133.3% in the 4th quarter. Scarborough Advisors LLC now owns 2,662,393 shares of the exchange traded fund’s stock valued at $508,970,000 after buying an additional 2,636,376 shares during the last quarter. International Assets Investment Management LLC boosted its position in shares of SPDR Gold Shares by 19,989.3% in the 4th quarter. International Assets Investment Management LLC now owns 2,437,035 shares of the exchange traded fund’s stock worth $465,888,000 after purchasing an additional 2,424,904 shares during the last quarter. Euclidean Capital LLC boosted its position in shares of SPDR Gold Shares by 91.4% in the 3rd quarter. Euclidean Capital LLC now owns 1,062,500 shares of the exchange traded fund’s stock worth $182,166,000 after purchasing an additional 507,500 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in shares of SPDR Gold Shares by 4.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 1,054,867 shares of the exchange traded fund’s stock worth $201,659,000 after purchasing an additional 47,681 shares during the last quarter. Finally, Raymond James & Associates boosted its position in shares of SPDR Gold Shares by 0.5% in the 4th quarter. Raymond James & Associates now owns 844,620 shares of the exchange traded fund’s stock worth $161,466,000 after purchasing an additional 4,242 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Performance

NYSEARCA:GLD opened at $215.01 on Friday. SPDR Gold Shares has a 12-month low of $168.30 and a 12-month high of $225.66. The stock’s fifty day simple moving average is $216.20 and its 200-day simple moving average is $202.82.

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).