Capital Advisors Inc. OK Sells 193 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Capital Advisors Inc. OK trimmed its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 9.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,870 shares of the exchange traded fund’s stock after selling 193 shares during the quarter. Capital Advisors Inc. OK’s holdings in SPDR Gold Shares were worth $363,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of GLD. Heritage Wealth Advisors lifted its position in shares of SPDR Gold Shares by 303.3% in the 2nd quarter. Heritage Wealth Advisors now owns 605 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 455 shares during the period. Costello Asset Management INC acquired a new position in shares of SPDR Gold Shares in the 2nd quarter worth approximately $25,000. RMR Wealth Builders acquired a new position in shares of SPDR Gold Shares in the 2nd quarter worth approximately $28,000. Rockbridge Investment Management LCC acquired a new position in shares of SPDR Gold Shares in the 2nd quarter worth approximately $34,000. Finally, Selective Wealth Management Inc. acquired a new position in shares of SPDR Gold Shares in the 2nd quarter worth approximately $45,000.

Shares of NYSEARCA GLD traded up $0.52 during midday trading on Wednesday, reaching $183.97. The stock had a trading volume of 12,689,568 shares, compared to its average volume of 13,605,461. SPDR Gold Shares has a twelve month low of $136.12 and a twelve month high of $194.45. The company’s 50 day moving average price is $184.23 and its 200 day moving average price is $166.23.

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).

Further Reading: Overbought

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

Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.