Caitlin John LLC Sells 1,405 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Caitlin John LLC lessened its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 14.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,508 shares of the exchange traded fund’s stock after selling 1,405 shares during the period. SPDR Gold Shares makes up approximately 1.4% of Caitlin John LLC’s investment portfolio, making the stock its 16th largest position. Caitlin John LLC’s holdings in SPDR Gold Shares were worth $2,060,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ashton Thomas Securities LLC bought a new stake in SPDR Gold Shares in the 3rd quarter valued at $28,000. Capital Performance Advisors LLP acquired a new stake in shares of SPDR Gold Shares during the third quarter worth $35,000. Pittenger & Anderson Inc. bought a new stake in shares of SPDR Gold Shares in the third quarter valued at about $38,000. Sugarloaf Wealth Management LLC boosted its position in shares of SPDR Gold Shares by 78.9% in the third quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 71 shares during the period. Finally, Maryland Capital Advisors Inc. acquired a new position in shares of SPDR Gold Shares in the third quarter valued at about $40,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.6 %

Shares of SPDR Gold Shares stock opened at $264.13 on Thursday. SPDR Gold Shares has a twelve month low of $183.78 and a twelve month high of $265.99. The company has a 50-day simple moving average of $247.12 and a two-hundred day simple moving average of $241.33.

SPDR Gold Shares 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).