SPDR Gold Shares $GLD Shares Sold by Sound Income Strategies LLC

Sound Income Strategies LLC cut its position in SPDR Gold Shares (NYSEARCA:GLD) by 38.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,226 shares of the exchange traded fund’s stock after selling 5,036 shares during the period. Sound Income Strategies LLC’s holdings in SPDR Gold Shares were worth $2,507,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Principal Securities Inc. increased its position in shares of SPDR Gold Shares by 0.3% in the 1st quarter. Principal Securities Inc. now owns 10,301 shares of the exchange traded fund’s stock valued at $2,968,000 after purchasing an additional 33 shares during the last quarter. Mather Group LLC. increased its position in shares of SPDR Gold Shares by 1.8% in the 2nd quarter. Mather Group LLC. now owns 1,946 shares of the exchange traded fund’s stock valued at $593,000 after purchasing an additional 34 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of SPDR Gold Shares by 6.6% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 568 shares of the exchange traded fund’s stock valued at $164,000 after purchasing an additional 35 shares during the last quarter. Pinnacle Associates Ltd. increased its position in shares of SPDR Gold Shares by 0.3% in the 1st quarter. Pinnacle Associates Ltd. now owns 11,762 shares of the exchange traded fund’s stock valued at $3,389,000 after purchasing an additional 35 shares during the last quarter. Finally, FourThought Financial Partners LLC increased its position in shares of SPDR Gold Shares by 3.5% in the 1st quarter. FourThought Financial Partners LLC now owns 1,036 shares of the exchange traded fund’s stock valued at $299,000 after purchasing an additional 35 shares during the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Up 0.6%

Shares of NYSEARCA:GLD opened at $346.74 on Monday. SPDR Gold Shares has a 52 week low of $236.13 and a 52 week high of $348.75. The company’s 50 day moving average is $320.20 and its two-hundred day moving average is $307.23. The company has a market cap of $115.60 billion, a PE 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).