Smart Portfolios LLC trimmed its stake in shares of SPDR Gold Shares ( NYSEARCA:GLD – Free Report ) by 5.0% in the first quarter, Holdings Channel.com reports. The fund owned 12,883 shares of the exchange traded fund's stock after selling 683 shares during the period. SPDR Gold Shares makes up about 4.2% of Smart Portfolios LLC's holdings, making the stock its 7th largest holding. Smart Portfolios LLC's holdings in SPDR Gold Shares were worth $2,360,000 at the end of the most recent reporting period.

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