4Q: Traynor Capital Management sold 43% of its SPDR Gold Shares (GLD), reducing holdings; institutional investors now own 42.19% of GLD stock.
4Q saw Traynor Capital Management selling 43% of its SPDR Gold Shares (GLD), reducing holdings to 1,435 shares worth $274,000. Institutional investors, including Ellsworth Advisors, Pensionmark Financial Group, Capital Market Strategies, Financial Sense Advisors, and Inspirion Wealth Advisors, have adjusted their GLD holdings. Institutional investors now own 42.19% of GLD stock with a 50-day moving average of $192.30 and a 200-day moving average of $186.34.
March 29, 2024
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