SPDR Gold Shares $GLD Shares Sold by Curran Financial Partners LLC

Curran Financial Partners LLC decreased its stake in SPDR Gold Shares (NYSEARCA:GLD) by 41.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,182 shares of the exchange traded fund’s stock after selling 6,380 shares during the quarter. Curran Financial Partners LLC’s holdings in SPDR Gold Shares were worth $2,799,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of SPDR Gold Shares in the first quarter valued at about $30,000. Columbia River Financial Group LLC purchased a new position in shares of SPDR Gold Shares in the first quarter worth about $34,000. Stone House Investment Management LLC purchased a new position in shares of SPDR Gold Shares in the first quarter worth about $34,000. Legacy Wealth Managment LLC ID lifted its stake in shares of SPDR Gold Shares by 51.1% in the first quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 46 shares in the last quarter. Finally, HWG Holdings LP purchased a new position in shares of SPDR Gold Shares in the first quarter worth about $53,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.8%

NYSEARCA:GLD opened at $357.64 on Friday. The company’s 50-day moving average price is $324.54 and its 200-day moving average price is $309.50. The company has a market cap of $126.50 billion, a P/E ratio of -32.43 and a beta of 0.15. SPDR Gold Shares has a twelve month low of $236.13 and a twelve month high of $358.67.

SPDR Gold Shares 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).