Gateway Wealth Partners LLC Sells 194 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Gateway Wealth Partners LLC lowered its position in SPDR Gold Shares (NYSEARCA:GLD) by 3.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,380 shares of the exchange traded fund’s stock after selling 194 shares during the quarter. Gateway Wealth Partners LLC’s holdings in SPDR Gold Shares were worth $1,157,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of GLD. Scarborough Advisors LLC boosted its position in SPDR Gold Shares by 10,133.3% during the 4th quarter. Scarborough Advisors LLC now owns 2,662,393 shares of the exchange traded fund’s stock valued at $508,970,000 after acquiring an additional 2,636,376 shares in the last quarter. Toronto Dominion Bank boosted its position in SPDR Gold Shares by 23.6% during the 1st quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock valued at $1,162,217,000 after acquiring an additional 1,079,452 shares in the last quarter. Arizona PSPRS Trust acquired a new stake in shares of SPDR Gold Shares in the 2nd quarter worth $157,187,000. Global Assets Advisory LLC acquired a new stake in shares of SPDR Gold Shares in the 1st quarter worth $144,269,000. Finally, GLOBALT Investments LLC GA acquired a new stake in shares of SPDR Gold Shares in the 4th quarter worth $124,066,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

SPDR Gold Shares stock opened at $245.02 on Monday. SPDR Gold Shares has a 1-year low of $168.30 and a 1-year high of $247.37. The business has a fifty day moving average price of $230.90 and a 200-day moving average price of $220.72.

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).