SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Steel Grove Capital Advisors LLC

Steel Grove Capital Advisors LLC trimmed its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 19.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,115 shares of the exchange traded fund’s stock after selling 770 shares during the period. Steel Grove Capital Advisors LLC’s holdings in SPDR Gold Shares were worth $670,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. TKG Advisors LLC lifted its position in 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 buying an additional 110 shares in the last quarter. City Holding Co. lifted its position 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 worth $763,000 after purchasing an additional 195 shares in the last quarter. Ndwm LLC acquired a new position in shares of SPDR Gold Shares during the fourth quarter worth $546,000. St. Johns Investment Management Company LLC lifted its position in shares of SPDR Gold Shares by 5.7% during the first quarter. St. Johns Investment Management Company LLC now owns 27,729 shares of the exchange traded fund’s stock worth $5,704,000 after purchasing an additional 1,492 shares in the last quarter. Finally, Bradley Foster & Sargent Inc. CT lifted its position in shares of SPDR Gold Shares by 0.8% during the fourth quarter. Bradley Foster & Sargent Inc. CT now owns 297,779 shares of the exchange traded fund’s stock worth $56,926,000 after purchasing an additional 2,335 shares in the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

NYSEARCA GLD opened at $242.21 on Monday. The company’s fifty day simple moving average is $228.91 and its 200-day simple moving average is $219.15. SPDR Gold Shares has a 52 week low of $168.30 and a 52 week high of $242.63.

SPDR Gold Shares 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).