Aviance Capital Management LLC Cuts Holdings in SPDR Gold Shares (GLD)

Share on StockTwits

Aviance Capital Management LLC decreased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 12.4% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 6,351 shares of the exchange traded fund’s stock after selling 897 shares during the period. Aviance Capital Management LLC’s holdings in SPDR Gold Shares were worth $770,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of GLD. First Personal Financial Services purchased a new position in SPDR Gold Shares during the 4th quarter valued at about $29,000. ERTS Wealth Advisors LLC purchased a new position in SPDR Gold Shares during the 4th quarter valued at about $30,000. Essex Savings Bank purchased a new position in SPDR Gold Shares during the 4th quarter valued at about $41,000. Ruggie Capital Group purchased a new position in SPDR Gold Shares during the 4th quarter valued at about $42,000. Finally, Portfolio Solutions LLC purchased a new position in SPDR Gold Shares during the 4th quarter valued at about $54,000.

NYSEARCA GLD opened at $122.41 on Friday. SPDR Gold Shares has a one year low of $111.06 and a one year high of $129.47.

TRADEMARK VIOLATION WARNING: This news story was originally posted by Ticker Report and is owned by of Ticker Report. If you are reading this news story on another domain, it was illegally copied and republished in violation of U.S. & international trademark and copyright law. The legal version of this news story can be accessed at https://www.tickerreport.com/banking-finance/4222389/aviance-capital-management-llc-cuts-holdings-in-spdr-gold-shares-gld.html.

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).

Featured Story: How is a Moving Average Calculated?

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.



Latest News

Insolar  Trading Up 12.9% Over Last Week
Insolar Trading Up 12.9% Over Last Week
Insider Selling: Cray Inc.  VP Sells 52,409 Shares of Stock
Insider Selling: Cray Inc. VP Sells 52,409 Shares of Stock
Autohome   Shares Down 6.5%
Autohome Shares Down 6.5%
Invesco Multi-Factor Core Fixed Income ETF  Increases Dividend to $0.07 Per Share
Invesco Multi-Factor Core Fixed Income ETF Increases Dividend to $0.07 Per Share
XRP  Price Up 17% Over Last 7 Days
XRP Price Up 17% Over Last 7 Days
Analysts Expect Shutterstock Inc  Will Announce Quarterly Sales of $170.73 Million
Analysts Expect Shutterstock Inc Will Announce Quarterly Sales of $170.73 Million


© 2006-2019 Ticker Report