Hudson Capital Management LLC Sells 66 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Hudson Capital Management LLC lessened its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.2% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,463 shares of the exchange traded fund’s stock after selling 66 shares during the quarter. Hudson Capital Management LLC’s holdings in SPDR Gold Shares were worth $1,574,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in GLD. Thurston Springer Miller Herd & Titak Inc. increased its stake in 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 worth $164,000 after acquiring an additional 35 shares during the last quarter. Marcum Wealth LLC increased its stake in SPDR Gold Shares by 4.3% in the 1st quarter. Marcum Wealth LLC now owns 954 shares of the exchange traded fund’s stock worth $275,000 after acquiring an additional 39 shares during the last quarter. Clarus Group Inc. increased its stake in SPDR Gold Shares by 2.2% in the 4th quarter. Clarus Group Inc. now owns 1,825 shares of the exchange traded fund’s stock worth $442,000 after acquiring an additional 40 shares during the last quarter. Kellett Wealth Advisors LLC increased its stake in SPDR Gold Shares by 3.6% in the 4th quarter. Kellett Wealth Advisors LLC now owns 1,160 shares of the exchange traded fund’s stock worth $281,000 after acquiring an additional 40 shares during the last quarter. Finally, Wealth Advisors of Iowa LLC increased its stake in SPDR Gold Shares by 3.9% in the 4th quarter. Wealth Advisors of Iowa LLC now owns 1,070 shares of the exchange traded fund’s stock worth $259,000 after acquiring an additional 40 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

NYSEARCA:GLD opened at $309.33 on Friday. SPDR Gold Shares has a 1 year low of $211.54 and a 1 year high of $317.63. The stock’s 50 day simple moving average is $300.28 and its two-hundred day simple moving average is $272.02. The company has a market cap of $101.15 billion, a price-to-earnings ratio of -32.43 and a beta of 0.11.

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).