Safe Harbor Fiduciary LLC Sells 862 Shares of SPDR Gold Shares $GLD

Safe Harbor Fiduciary LLC decreased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 26.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,339 shares of the exchange traded fund’s stock after selling 862 shares during the period. Safe Harbor Fiduciary LLC’s holdings in SPDR Gold Shares were worth $713,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in GLD. American National Bank & Trust raised its holdings in shares of SPDR Gold Shares by 52.4% in the second quarter. American National Bank & Trust now owns 291 shares of the exchange traded fund’s stock valued at $89,000 after purchasing an additional 100 shares during the last quarter. StrongBox Wealth LLC lifted its position in SPDR Gold Shares by 10.1% during the 2nd quarter. StrongBox Wealth LLC now owns 1,487 shares of the exchange traded fund’s stock worth $453,000 after buying an additional 136 shares in the last quarter. Beaumont Financial Advisors LLC boosted its stake in shares of SPDR Gold Shares by 6.5% during the 2nd quarter. Beaumont Financial Advisors LLC now owns 3,509 shares of the exchange traded fund’s stock worth $1,070,000 after buying an additional 215 shares during the last quarter. TD Private Client Wealth LLC grew its holdings in shares of SPDR Gold Shares by 14.6% in the 2nd quarter. TD Private Client Wealth LLC now owns 51,235 shares of the exchange traded fund’s stock valued at $15,618,000 after acquiring an additional 6,540 shares in the last quarter. Finally, ST Germain D J Co. Inc. increased its position in shares of SPDR Gold Shares by 151.5% in the second quarter. ST Germain D J Co. Inc. now owns 1,386 shares of the exchange traded fund’s stock valued at $422,000 after acquiring an additional 835 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Up 0.8%

Shares of SPDR Gold Shares stock opened at $383.12 on Thursday. The stock has a market cap of $138.65 billion, a P/E ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 12-month low of $238.73 and a 12-month high of $403.30. The business’s 50 day moving average is $368.84 and its 200-day moving average is $331.27.

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).