Girard Partners LTD. Sells 940 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Girard Partners LTD. reduced its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 35.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,730 shares of the exchange traded fund’s stock after selling 940 shares during the period. Girard Partners LTD.’s holdings in SPDR Gold Shares were worth $230,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in GLD. Archford Capital Strategies LLC bought a new stake in SPDR Gold Shares in the second quarter valued at approximately $25,000. Icon Wealth Partners LLC bought a new stake in SPDR Gold Shares in the first quarter valued at approximately $47,000. First National Bank of South Miami lifted its stake in SPDR Gold Shares by 375.0% in the second quarter. First National Bank of South Miami now owns 380 shares of the exchange traded fund’s stock valued at $51,000 after buying an additional 300 shares during the period. Glassman Wealth Services acquired a new position in SPDR Gold Shares in the second quarter valued at approximately $56,000. Finally, CenterStar Asset Management LLC acquired a new position in SPDR Gold Shares in the second quarter valued at approximately $85,000.

GLD traded down $1.00 during trading on Friday, hitting $142.14. The company’s stock had a trading volume of 1,376,297 shares, compared to its average volume of 9,192,587. SPDR Gold Shares has a twelve month low of $111.85 and a twelve month high of $146.82. The stock’s fifty day moving average price is $139.84 and its 200-day moving average price is $128.44.

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).

Read More: What is the Moving Average Convergence Divergence (MACD) oscillator?

Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.