SPDR Gold Shares $GLD Shares Sold by Advisory Alpha LLC

Advisory Alpha LLC decreased its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 12.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,285 shares of the exchange traded fund’s stock after selling 336 shares during the quarter. Advisory Alpha LLC’s holdings in SPDR Gold Shares were worth $658,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Raymond James Financial Inc. raised its holdings in SPDR Gold Shares by 11.0% in the 1st quarter. Raymond James Financial Inc. now owns 2,063,634 shares of the exchange traded fund’s stock worth $594,616,000 after purchasing an additional 204,676 shares during the period. Ameriprise Financial Inc. raised its holdings in SPDR Gold Shares by 12.2% in the 1st quarter. Ameriprise Financial Inc. now owns 1,556,698 shares of the exchange traded fund’s stock worth $450,902,000 after purchasing an additional 169,005 shares during the period. 59 North Capital Management LP raised its holdings in SPDR Gold Shares by 76.4% in the 1st quarter. 59 North Capital Management LP now owns 1,263,196 shares of the exchange traded fund’s stock worth $363,977,000 after purchasing an additional 547,018 shares during the period. Envestnet Asset Management Inc. raised its holdings in SPDR Gold Shares by 9.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 1,217,861 shares of the exchange traded fund’s stock worth $350,914,000 after purchasing an additional 106,648 shares during the period. Finally, Commonwealth Equity Services LLC raised its holdings in SPDR Gold Shares by 16.5% in the 1st quarter. Commonwealth Equity Services LLC now owns 1,141,703 shares of the exchange traded fund’s stock worth $328,970,000 after purchasing an additional 161,638 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 0.2%

NYSEARCA GLD opened at $334.06 on Wednesday. SPDR Gold Shares has a twelve month low of $231.09 and a twelve month high of $338.31. The stock has a 50-day moving average of $311.65 and a 200 day moving average of $300.50. The stock has a market capitalization of $111.38 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15.

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).