Sandbox Financial Partners LLC Has $344,000 Stake in SPDR Gold Shares (NYSEARCA:GLD)

Sandbox Financial Partners LLC reduced its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 16.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,421 shares of the exchange traded fund’s stock after selling 282 shares during the quarter. Sandbox Financial Partners LLC’s holdings in SPDR Gold Shares were worth $344,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. RDA Financial Network raised its holdings in SPDR Gold Shares by 1.8% during the 3rd quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock worth $1,231,000 after purchasing an additional 88 shares during the last quarter. Advance Capital Management Inc. raised its stake in shares of SPDR Gold Shares by 9.4% during the fourth quarter. Advance Capital Management Inc. now owns 3,683 shares of the exchange traded fund’s stock worth $892,000 after buying an additional 316 shares during the last quarter. Centaurus Financial Inc. raised its stake in shares of SPDR Gold Shares by 10.1% during the second quarter. Centaurus Financial Inc. now owns 39,597 shares of the exchange traded fund’s stock worth $8,514,000 after buying an additional 3,630 shares during the last quarter. Inspirion Wealth Advisors LLC lifted its holdings in SPDR Gold Shares by 0.8% in the third quarter. Inspirion Wealth Advisors LLC now owns 6,180 shares of the exchange traded fund’s stock valued at $1,502,000 after buying an additional 50 shares during the period. Finally, GSA Capital Partners LLP acquired a new stake in SPDR Gold Shares during the 3rd quarter worth $564,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 0.5 %

Shares of SPDR Gold Shares stock opened at $249.27 on Friday. The firm has a fifty day moving average of $243.85 and a two-hundred day moving average of $238.21. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $257.71.

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).