SPDR Gold Shares (NYSEARCA:GLD) Stock Holdings Lessened by SG Americas Securities LLC
SG Americas Securities LLC decreased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 67.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,229,701 shares of the exchange traded fund’s stock after selling 2,600,206 shares during the period. SPDR Gold Shares comprises approximately 1.4% of SG Americas Securities LLC’s investment portfolio, making the stock its 5th largest holding. SG Americas Securities LLC owned approximately 0.39% of SPDR Gold Shares worth $170,769,000 as of its most recent SEC filing.
Several other large investors have also made changes to their positions in the company. Archford Capital Strategies LLC acquired a new position in SPDR Gold Shares in the 2nd quarter valued at $25,000. Prestige Wealth Management Group LLC acquired a new position in SPDR Gold Shares in the 2nd quarter valued at $28,000. Strategic Blueprint LLC acquired a new position in SPDR Gold Shares in the 3rd quarter valued at $29,000. Reilly Financial Advisors LLC acquired a new position in SPDR Gold Shares in the 3rd quarter valued at $38,000. Finally, Private Capital Group LLC raised its stake in SPDR Gold Shares by 290.0% in the 2nd quarter. Private Capital Group LLC now owns 390 shares of the exchange traded fund’s stock valued at $46,000 after purchasing an additional 290 shares during the last quarter.
NYSEARCA GLD traded down $0.88 during mid-day trading on Friday, hitting $137.39. The stock had a trading volume of 10,347,356 shares, compared to its average volume of 9,196,211. The firm’s 50 day moving average is $141.20 and its 200 day moving average is $134.10. SPDR Gold Shares has a twelve month low of $113.42 and a twelve month high of $146.82.
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).
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