Bartlett & CO. Wealth Management LLC Decreases Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Bartlett & CO. Wealth Management LLC decreased its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 7.5% during the 1st quarter, Holdings Channel.com reports. The fund owned 3,692 shares of the exchange traded fund’s stock after selling 298 shares during the period. Bartlett & CO. Wealth Management LLC’s holdings in SPDR Gold Shares were worth $1,064,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of SPDR Gold Shares by 6.6% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 568 shares of the exchange traded fund’s stock worth $164,000 after acquiring an additional 35 shares in the last quarter. Stewardship Advisors LLC boosted its stake in shares of SPDR Gold Shares by 2.6% during the 1st quarter. Stewardship Advisors LLC now owns 1,441 shares of the exchange traded fund’s stock worth $415,000 after acquiring an additional 36 shares in the last quarter. JBR Co Financial Management Inc boosted its stake in shares of SPDR Gold Shares by 2.1% during the 1st quarter. JBR Co Financial Management Inc now owns 1,741 shares of the exchange traded fund’s stock worth $502,000 after acquiring an additional 36 shares in the last quarter. Mayfair Advisory Group LLC boosted its stake in shares of SPDR Gold Shares by 1.3% during the 1st quarter. Mayfair Advisory Group LLC now owns 2,844 shares of the exchange traded fund’s stock worth $819,000 after acquiring an additional 36 shares in the last quarter. Finally, Farmers & Merchants Investments Inc. boosted its stake in shares of SPDR Gold Shares by 1.0% during the 1st quarter. Farmers & Merchants Investments Inc. now owns 3,662 shares of the exchange traded fund’s stock worth $1,055,000 after acquiring an additional 37 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of NYSEARCA:GLD opened at $301.22 on Friday. The business’s 50 day simple moving average is $306.31 and its 200-day simple moving average is $279.11. The firm has a market capitalization of $100.43 billion, a price-to-earnings ratio of -32.43 and a beta of 0.15. SPDR Gold Shares has a 12 month low of $214.49 and a 12 month high of $317.63.

SPDR Gold Shares 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).