SPDR Gold Shares $GLD Shares Sold by Compton Financial Group LLC

Compton Financial Group LLC lowered its position in SPDR Gold Shares (NYSEARCA:GLD) by 59.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,152 shares of the exchange traded fund’s stock after selling 1,694 shares during the period. Compton Financial Group LLC’s holdings in SPDR Gold Shares were worth $351,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently modified their holdings of GLD. Tsfg LLC grew its holdings in SPDR Gold Shares by 0.9% during the second quarter. Tsfg LLC now owns 3,623 shares of the exchange traded fund’s stock worth $1,104,000 after acquiring an additional 33 shares during the period. W.G. Shaheen & Associates DBA Whitney & Co boosted its position in shares of SPDR Gold Shares by 2.6% during the 2nd quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 3,929 shares of the exchange traded fund’s stock worth $1,198,000 after purchasing an additional 100 shares in the last quarter. Landmark Wealth Management Inc. grew its stake in shares of SPDR Gold Shares by 15.5% during the 2nd quarter. Landmark Wealth Management Inc. now owns 10,816 shares of the exchange traded fund’s stock worth $3,297,000 after purchasing an additional 1,450 shares during the period. AAF Wealth Management LLC increased its holdings in shares of SPDR Gold Shares by 32.2% in the 2nd quarter. AAF Wealth Management LLC now owns 34,724 shares of the exchange traded fund’s stock valued at $10,585,000 after purchasing an additional 8,456 shares in the last quarter. Finally, Mission Wealth Management LP increased its holdings in shares of SPDR Gold Shares by 6.0% in the 2nd quarter. Mission Wealth Management LP now owns 9,037 shares of the exchange traded fund’s stock valued at $2,755,000 after purchasing an additional 513 shares in the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Down 0.5%

GLD stock opened at $368.12 on Monday. The company’s 50-day moving average price is $351.61 and its 200 day moving average price is $322.80. SPDR Gold Shares has a 52 week low of $236.13 and a 52 week high of $403.30. The company has a market cap of $133.22 billion, a P/E ratio of -32.43 and a beta of 0.09.

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).