SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Moseley Investment Management Inc.

Moseley Investment Management Inc. cut its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 29.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,432 shares of the exchange traded fund’s stock after selling 1,000 shares during the quarter. Moseley Investment Management Inc.’s holdings in SPDR Gold Shares were worth $589,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Semmax Financial Advisors Inc. increased its stake in shares of SPDR Gold Shares by 78.7% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 48 shares during the last quarter. Ashton Thomas Securities LLC purchased a new stake in SPDR Gold Shares in the third quarter valued at approximately $28,000. Capital Performance Advisors LLP purchased a new stake in SPDR Gold Shares in the third quarter valued at approximately $35,000. Pittenger & Anderson Inc. acquired a new position in SPDR Gold Shares during the third quarter worth approximately $38,000. Finally, Sugarloaf Wealth Management LLC raised its stake in SPDR Gold Shares by 78.9% during the third quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 71 shares during the period. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Up 0.5 %

Shares of GLD opened at $247.03 on Wednesday. SPDR Gold Shares has a fifty-two week low of $183.78 and a fifty-two week high of $257.71. The company’s fifty day moving average is $243.74 and its two-hundred day moving average is $237.81.

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).