Retirement Income Solutions Inc Decreases Position in SPDR Gold Shares (NYSEARCA:GLD)

Retirement Income Solutions Inc decreased its position in SPDR Gold Shares (NYSEARCA:GLD) by 1.9% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 4,920 shares of the exchange traded fund’s stock after selling 94 shares during the period. Retirement Income Solutions Inc’s holdings in SPDR Gold Shares were worth $1,191,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. International Assets Investment Management LLC boosted its stake in SPDR Gold Shares by 21,571.1% in the 3rd quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock worth $735,169,000 after buying an additional 3,010,682 shares during the last quarter. Strategic Financial Concepts LLC boosted its stake in SPDR Gold Shares by 24,600.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 608,876 shares of the exchange traded fund’s stock worth $147,427,000 after buying an additional 606,411 shares during the last quarter. Diversify Advisory Services LLC boosted its stake in SPDR Gold Shares by 446.0% in the 4th quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock worth $59,410,000 after buying an additional 195,520 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its stake in SPDR Gold Shares by 47.5% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock worth $110,386,000 after buying an additional 146,271 shares during the last quarter. Finally, Banco Santander S.A. boosted its stake in SPDR Gold Shares by 245.1% in the 3rd quarter. Banco Santander S.A. now owns 160,721 shares of the exchange traded fund’s stock worth $39,065,000 after buying an additional 114,151 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $266.29 on Monday. The stock’s 50-day moving average is $250.74 and its 200-day moving average is $243.72. SPDR Gold Shares has a 12 month low of $184.84 and a 12 month high of $270.39.

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).