Laurel Wealth Advisors LLC Has $2.31 Million Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Laurel Wealth Advisors LLC trimmed its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 15.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,547 shares of the exchange traded fund’s stock after selling 1,780 shares during the period. Laurel Wealth Advisors LLC’s holdings in SPDR Gold Shares were worth $2,312,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. Clarus Wealth Advisors lifted its position in SPDR Gold Shares by 1.7% in the 4th quarter. Clarus Wealth Advisors now owns 7,764 shares of the exchange traded fund’s stock valued at $1,908,000 after acquiring an additional 132 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of SPDR Gold Shares by 102.7% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 533 shares of the exchange traded fund’s stock worth $129,000 after purchasing an additional 270 shares during the last quarter. Park Avenue Securities LLC lifted its holdings in shares of SPDR Gold Shares by 4.7% in the fourth quarter. Park Avenue Securities LLC now owns 48,064 shares of the exchange traded fund’s stock valued at $11,638,000 after purchasing an additional 2,142 shares in the last quarter. SS&H Financial Advisors Inc. boosted its position in shares of SPDR Gold Shares by 1.9% during the fourth quarter. SS&H Financial Advisors Inc. now owns 10,849 shares of the exchange traded fund’s stock valued at $2,627,000 after buying an additional 200 shares during the last quarter. Finally, Allen Mooney & Barnes Investment Advisors LLC grew its holdings in SPDR Gold Shares by 3.1% during the fourth quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 2,159 shares of the exchange traded fund’s stock worth $523,000 after buying an additional 64 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Up 0.5 %

Shares of GLD stock opened at $247.03 on Wednesday. The firm has a 50-day moving average of $243.74 and a 200-day moving average of $237.81. SPDR Gold Shares has a one year low of $183.78 and a one year high of $257.71.

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).