SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Full Sail Capital LLC

Full Sail Capital LLC lowered its position in SPDR Gold Shares (NYSEARCA:GLD) by 37.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,000 shares of the exchange traded fund’s stock after selling 592 shares during the period. Full Sail Capital LLC’s holdings in SPDR Gold Shares were worth $215,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Semmax Financial Advisors Inc. lifted its position in SPDR Gold Shares by 78.7% in the second quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 48 shares during the period. Triad Wealth Partners LLC acquired a new stake in SPDR Gold Shares in the second quarter valued at about $25,000. Northwest Investment Counselors LLC purchased a new position in SPDR Gold Shares in the first quarter valued at about $26,000. Private Ocean LLC lifted its position in shares of SPDR Gold Shares by 155.1% during the 2nd quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 76 shares during the period. Finally, Chris Bulman Inc acquired a new stake in shares of SPDR Gold Shares in the 2nd quarter worth approximately $29,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.8 %

NYSEARCA GLD opened at $245.02 on Friday. The business has a 50 day moving average price of $230.90 and a 200 day moving average price of $220.58. SPDR Gold Shares has a 1-year low of $168.30 and a 1-year high of $247.37.

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).