Horizon Kinetics Asset Management LLC Sells 57 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Horizon Kinetics Asset Management LLC decreased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,836 shares of the exchange traded fund’s stock after selling 57 shares during the period. Horizon Kinetics Asset Management LLC’s holdings in SPDR Gold Shares were worth $932,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. International Assets Investment Management LLC boosted its position in shares of SPDR Gold Shares by 21,571.1% during the third quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock worth $735,169,000 after acquiring an additional 3,010,682 shares during the last quarter. Arizona PSPRS Trust bought a new position in shares of SPDR Gold Shares during the 2nd quarter valued at about $157,187,000. Cetera Investment Advisers grew its position in shares of SPDR Gold Shares by 461.0% during the first quarter. Cetera Investment Advisers now owns 702,415 shares of the exchange traded fund’s stock valued at $144,501,000 after purchasing an additional 577,210 shares in the last quarter. Strategic Financial Concepts LLC lifted its position in shares of SPDR Gold Shares by 9,654.6% in the second quarter. Strategic Financial Concepts LLC now owns 550,450 shares of the exchange traded fund’s stock worth $1,184,000 after buying an additional 544,807 shares in the last quarter. Finally, Granite Bay Wealth Management LLC raised its holdings in shares of SPDR Gold Shares by 25,320.8% during the 2nd quarter. Granite Bay Wealth Management LLC now owns 516,551 shares of the exchange traded fund’s stock worth $111,854,000 after acquiring an additional 514,519 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 2.9 %

GLD stock opened at $242.48 on Tuesday. SPDR Gold Shares has a 52 week low of $183.15 and a 52 week high of $257.71. The company has a fifty day simple moving average of $246.11 and a two-hundred day simple moving average of $230.92.

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).