TCI Wealth Advisors Inc. Sells 75 Shares of SPDR Gold Shares (NYSEARCA:GLD)

TCI Wealth Advisors Inc. lessened its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 5.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,405 shares of the exchange traded fund’s stock after selling 75 shares during the quarter. TCI Wealth Advisors Inc.’s holdings in SPDR Gold Shares were worth $187,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Archford Capital Strategies LLC bought a new stake in shares of SPDR Gold Shares in the 2nd quarter worth $25,000. Live Your Vision LLC grew its stake in shares of SPDR Gold Shares by 263.5% in the 1st quarter. Live Your Vision LLC now owns 229 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 166 shares in the last quarter. Howe & Rusling Inc. grew its stake in shares of SPDR Gold Shares by 81.8% in the 1st quarter. Howe & Rusling Inc. now owns 289 shares of the exchange traded fund’s stock worth $35,000 after acquiring an additional 130 shares in the last quarter. Burt Wealth Advisors boosted its holdings in shares of SPDR Gold Shares by 800.0% in the 1st quarter. Burt Wealth Advisors now owns 315 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 280 shares during the last quarter. Finally, Icon Wealth Partners LLC purchased a new position in shares of SPDR Gold Shares in the 1st quarter worth about $47,000.

Shares of NYSEARCA:GLD traded down $0.08 during midday trading on Friday, reaching $136.33. The company had a trading volume of 1,055,240 shares, compared to its average volume of 8,362,615. The stock has a 50 day simple moving average of $132.33. SPDR Gold Shares has a 52-week low of $111.06 and a 52-week high of $136.63.

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).

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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