SPDR Gold Shares $GLD Shares Sold by Houlihan Financial Resource Group Ltd.

Houlihan Financial Resource Group Ltd. decreased its holdings in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 63.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,685 shares of the exchange traded fund’s stock after selling 2,926 shares during the quarter. Houlihan Financial Resource Group Ltd.’s holdings in SPDR Gold Shares were worth $599,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Montis Financial LLC boosted its position in SPDR Gold Shares by 53.9% in the 3rd quarter. Montis Financial LLC now owns 16,090 shares of the exchange traded fund’s stock valued at $5,719,000 after buying an additional 5,632 shares during the period. Nwam LLC raised its stake in shares of SPDR Gold Shares by 5.9% in the third quarter. Nwam LLC now owns 42,707 shares of the exchange traded fund’s stock valued at $16,089,000 after acquiring an additional 2,398 shares in the last quarter. Wolff Wiese Magana LLC boosted its holdings in SPDR Gold Shares by 223.3% in the third quarter. Wolff Wiese Magana LLC now owns 3,317 shares of the exchange traded fund’s stock valued at $1,179,000 after purchasing an additional 2,291 shares during the period. Jackson Hole Capital Partners LLC boosted its holdings in SPDR Gold Shares by 4.3% in the third quarter. Jackson Hole Capital Partners LLC now owns 2,287 shares of the exchange traded fund’s stock valued at $813,000 after purchasing an additional 95 shares during the period. Finally, Marks Wealth LLC acquired a new position in SPDR Gold Shares during the 3rd quarter worth $12,264,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

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SPDR Gold Shares Price Performance

GLD stock opened at $423.33 on Friday. The business’s 50-day moving average is $394.67 and its two-hundred day moving average is $354.91. The firm has a market capitalization of $157.52 billion, a P/E ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 1 year low of $249.15 and a 1 year high of $426.86.

About SPDR Gold Shares

(Free Report)

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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

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

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