Schnieders Capital Management LLC Sells 100 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Schnieders Capital Management LLC reduced its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,504 shares of the exchange traded fund’s stock after selling 100 shares during the quarter. Schnieders Capital Management LLC’s holdings in SPDR Gold Shares were worth $1,243,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the stock. Compass Ion Advisors LLC lifted its stake in shares of SPDR Gold Shares by 0.7% in the fourth quarter. Compass Ion Advisors LLC now owns 8,313 shares of the exchange traded fund’s stock valued at $1,589,000 after buying an additional 54 shares during the period. Capital Market Strategies LLC raised its holdings in SPDR Gold Shares by 4.6% in the 4th quarter. Capital Market Strategies LLC now owns 1,247 shares of the exchange traded fund’s stock valued at $238,000 after acquiring an additional 55 shares in the last quarter. JB Capital LLC lifted its position in shares of SPDR Gold Shares by 2.4% in the 4th quarter. JB Capital LLC now owns 2,379 shares of the exchange traded fund’s stock worth $455,000 after acquiring an additional 55 shares during the period. IAG Wealth Partners LLC grew its holdings in shares of SPDR Gold Shares by 9.5% during the 3rd quarter. IAG Wealth Partners LLC now owns 648 shares of the exchange traded fund’s stock worth $111,000 after purchasing an additional 56 shares in the last quarter. Finally, Financial Sense Advisors Inc. increased its position in shares of SPDR Gold Shares by 2.0% during the third quarter. Financial Sense Advisors Inc. now owns 2,891 shares of the exchange traded fund’s stock valued at $496,000 after purchasing an additional 56 shares during the period. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA GLD traded down $0.57 during trading hours on Tuesday, reaching $215.00. The stock had a trading volume of 10,725,456 shares, compared to its average volume of 7,999,175. SPDR Gold Shares has a twelve month low of $168.30 and a twelve month high of $225.09. The business’s fifty day moving average is $202.74 and its two-hundred day moving average is $191.79.

About SPDR Gold Shares

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).