Nikulski Financial Inc. Reduces Stake in SPDR Gold Shares (NYSEARCA:GLD)

Nikulski Financial Inc. trimmed its stake in SPDR Gold Shares (NYSEARCA:GLD) by 19.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,100 shares of the exchange traded fund’s stock after selling 274 shares during the period. Nikulski Financial Inc.’s holdings in SPDR Gold Shares were worth $266,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Strategic Investment Management LLC grew its stake in shares of SPDR Gold Shares by 55.2% during the fourth quarter. Strategic Investment Management LLC now owns 46,220 shares of the exchange traded fund’s stock valued at $11,191,000 after buying an additional 16,430 shares during the last quarter. SJS Investment Consulting Inc. boosted its holdings in SPDR Gold Shares by 7.2% during the 4th quarter. SJS Investment Consulting Inc. now owns 954 shares of the exchange traded fund’s stock valued at $231,000 after acquiring an additional 64 shares during the period. Lantz Financial LLC grew its position in SPDR Gold Shares by 9.5% in the 4th quarter. Lantz Financial LLC now owns 1,198 shares of the exchange traded fund’s stock valued at $290,000 after acquiring an additional 104 shares during the last quarter. Linden Thomas Advisory Services LLC increased its stake in SPDR Gold Shares by 23.1% in the fourth quarter. Linden Thomas Advisory Services LLC now owns 6,586 shares of the exchange traded fund’s stock worth $1,595,000 after purchasing an additional 1,235 shares during the period. Finally, Accel Wealth Management lifted its position in shares of SPDR Gold Shares by 49.4% during the fourth quarter. Accel Wealth Management now owns 5,944 shares of the exchange traded fund’s stock worth $1,439,000 after purchasing an additional 1,965 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

NYSEARCA GLD opened at $255.65 on Friday. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $257.71. The company’s 50-day moving average price is $245.31 and its 200-day moving average price is $239.43.

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).