SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Aviance Capital Partners LLC

Aviance Capital Partners LLC lowered its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 15.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,509 shares of the exchange traded fund’s stock after selling 283 shares during the quarter. Aviance Capital Partners LLC’s holdings in SPDR Gold Shares were worth $367,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Obermeyer Wood Investment Counsel Lllp grew its stake in SPDR Gold Shares by 4.4% during the 2nd quarter. Obermeyer Wood Investment Counsel Lllp now owns 11,645 shares of the exchange traded fund’s stock worth $2,504,000 after buying an additional 490 shares during the last quarter. Linden Thomas Advisory Services LLC grew its position in shares of SPDR Gold Shares by 5.1% during the second quarter. Linden Thomas Advisory Services LLC now owns 4,945 shares of the exchange traded fund’s stock worth $1,063,000 after acquiring an additional 239 shares during the last quarter. RDA Financial Network increased its holdings in shares of SPDR Gold Shares by 1.8% in the 3rd quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock valued at $1,231,000 after acquiring an additional 88 shares during the period. Oxler Private Wealth LLC increased its holdings in shares of SPDR Gold Shares by 48.9% in the 2nd quarter. Oxler Private Wealth LLC now owns 24,438 shares of the exchange traded fund’s stock valued at $5,254,000 after acquiring an additional 8,021 shares during the period. Finally, Blue Fin Capital Inc. raised its position in SPDR Gold Shares by 1.1% in the 2nd quarter. Blue Fin Capital Inc. now owns 37,225 shares of the exchange traded fund’s stock valued at $8,004,000 after purchasing an additional 388 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of SPDR Gold Shares stock opened at $243.25 on Wednesday. SPDR Gold Shares has a 1 year low of $182.23 and a 1 year high of $257.71. The company’s fifty day moving average is $245.35 and its two-hundred day moving average is $230.05.

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).