Intelligence Driven Advisers LLC Sells 184 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Intelligence Driven Advisers LLC lowered its position in SPDR Gold Shares (NYSEARCA:GLD) by 4.4% in the 3rd quarter, Holdings Channel reports. The fund owned 3,974 shares of the exchange traded fund’s stock after selling 184 shares during the quarter. Intelligence Driven Advisers LLC’s holdings in SPDR Gold Shares were worth $966,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Triad Wealth Partners LLC purchased a new position in SPDR Gold Shares during the 2nd quarter valued at about $25,000. Semmax Financial Advisors Inc. boosted its position in shares of SPDR Gold Shares by 78.7% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 48 shares in the last quarter. Private Ocean LLC grew its stake in shares of SPDR Gold Shares by 155.1% in the 2nd quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 76 shares during the last quarter. Ashton Thomas Securities LLC bought a new position in SPDR Gold Shares during the 3rd quarter valued at approximately $28,000. Finally, Chris Bulman Inc purchased a new position in SPDR Gold Shares during the second quarter valued at $29,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 0.5 %

SPDR Gold Shares stock traded down $1.10 during mid-day trading on Thursday, hitting $236.53. The company had a trading volume of 1,038,564 shares, compared to its average volume of 7,019,379. SPDR Gold Shares has a 12 month low of $181.31 and a 12 month high of $257.71. The stock’s 50 day moving average price is $244.74 and its two-hundred day moving average price is $229.21.

SPDR Gold Shares Company 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).