Krilogy Financial LLC Lowers Holdings in SPDR Gold Shares $GLD

Krilogy Financial LLC decreased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 26.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,211 shares of the exchange traded fund’s stock after selling 3,229 shares during the quarter. Krilogy Financial LLC’s holdings in SPDR Gold Shares were worth $3,376,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of GLD. Nicholson Wealth Management Group LLC lifted its stake in SPDR Gold Shares by 5.0% during the second quarter. Nicholson Wealth Management Group LLC now owns 3,755 shares of the exchange traded fund’s stock worth $1,145,000 after purchasing an additional 179 shares in the last quarter. Joseph P. Lucia & Associates LLC grew its stake in shares of SPDR Gold Shares by 8.5% in the second quarter. Joseph P. Lucia & Associates LLC now owns 1,689 shares of the exchange traded fund’s stock valued at $515,000 after buying an additional 132 shares in the last quarter. Princeton Capital Management LLC acquired a new stake in shares of SPDR Gold Shares in the second quarter valued at $220,000. Spirepoint Private Client LLC purchased a new stake in shares of SPDR Gold Shares in the 3rd quarter valued at $742,000. Finally, FAS Wealth Partners Inc. lifted its stake in SPDR Gold Shares by 71.1% during the 3rd quarter. FAS Wealth Partners Inc. now owns 20,916 shares of the exchange traded fund’s stock worth $7,435,000 after acquiring an additional 8,691 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of SPDR Gold Shares stock opened at $462.40 on Wednesday. The business has a 50-day moving average of $421.45 and a 200 day moving average of $374.03. SPDR Gold Shares has a 12 month low of $261.25 and a 12 month high of $509.70. The stock has a market capitalization of $175.76 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09.

Key Stories Impacting SPDR Gold Shares

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About SPDR Gold Shares

(Free Report)

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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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