National Wealth Management Group LLC Has $461,000 Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

National Wealth Management Group LLC lowered its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 22.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,411 shares of the exchange traded fund’s stock after selling 710 shares during the quarter. National Wealth Management Group LLC’s holdings in SPDR Gold Shares were worth $461,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. International Assets Investment Management LLC boosted its holdings in shares of SPDR Gold Shares by 19,989.3% in the 4th quarter. International Assets Investment Management LLC now owns 2,437,035 shares of the exchange traded fund’s stock valued at $465,888,000 after buying an additional 2,424,904 shares during the last quarter. Toronto Dominion Bank boosted its holdings in shares of SPDR Gold Shares by 14.5% in the 3rd quarter. Toronto Dominion Bank now owns 4,660,292 shares of the exchange traded fund’s stock valued at $799,007,000 after buying an additional 591,368 shares during the last quarter. Euclidean Capital LLC boosted its holdings in shares of SPDR Gold Shares by 91.4% in the 3rd quarter. Euclidean Capital LLC now owns 1,062,500 shares of the exchange traded fund’s stock valued at $182,166,000 after buying an additional 507,500 shares during the last quarter. Dagco Inc. boosted its holdings in shares of SPDR Gold Shares by 24,465.7% in the 3rd quarter. Dagco Inc. now owns 388,138 shares of the exchange traded fund’s stock valued at $66,546,000 after buying an additional 386,558 shares during the last quarter. Finally, Integrated Investment Consultants LLC acquired a new stake in shares of SPDR Gold Shares in the 4th quarter valued at approximately $372,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 2.5 %

Shares of NYSEARCA GLD traded down $5.46 during trading hours on Monday, hitting $215.57. The company had a trading volume of 13,362,764 shares, compared to its average volume of 7,963,216. SPDR Gold Shares has a 1-year low of $168.30 and a 1-year high of $225.09. The firm’s 50 day moving average is $202.13 and its 200-day moving average is $191.47.

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).