Relyea Zuckerberg Hanson LLC Sells 2,487 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Relyea Zuckerberg Hanson LLC cut its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 17.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,691 shares of the exchange traded fund’s stock after selling 2,487 shares during the quarter. Relyea Zuckerberg Hanson LLC’s holdings in SPDR Gold Shares were worth $2,831,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the stock. Semmax Financial Advisors Inc. grew its holdings in shares of SPDR Gold Shares by 78.7% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 48 shares during the period. Ashton Thomas Securities LLC acquired a new position in SPDR Gold Shares in the third quarter valued at about $28,000. Capital Performance Advisors LLP bought a new stake in shares of SPDR Gold Shares in the third quarter worth about $35,000. Pittenger & Anderson Inc. acquired a new stake in shares of SPDR Gold Shares during the third quarter worth about $38,000. Finally, Sugarloaf Wealth Management LLC grew its position in shares of SPDR Gold Shares by 78.9% in the 3rd quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 71 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of SPDR Gold Shares stock traded down $0.11 during trading on Friday, reaching $250.49. The stock had a trading volume of 707,795 shares, compared to its average volume of 6,167,887. The stock has a fifty day moving average price of $243.81 and a two-hundred day moving average price of $237.89. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $257.71.

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).