GFS Advisors LLC lessened its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD – Get Rating) by 71.2% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,677 shares of the exchange traded fund’s stock after selling 26,427 shares during the quarter. GFS Advisors LLC’s holdings in SPDR Gold Shares were worth $1,929,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also bought and sold shares of GLD. Cubist Systematic Strategies LLC acquired a new stake in shares of SPDR Gold Shares during the third quarter valued at about $458,000. Comerica Bank increased its holdings in SPDR Gold Shares by 3.3% during the 3rd quarter. Comerica Bank now owns 25,843 shares of the exchange traded fund’s stock worth $4,336,000 after purchasing an additional 822 shares during the last quarter. Capital Investment Advisors LLC increased its stake in shares of SPDR Gold Shares by 2.2% in the fourth quarter. Capital Investment Advisors LLC now owns 14,513 shares of the exchange traded fund’s stock worth $2,481,000 after buying an additional 308 shares during the last quarter. Bank of New Hampshire grew its holdings in SPDR Gold Shares by 17.8% during the 4th quarter. Bank of New Hampshire now owns 45,617 shares of the exchange traded fund’s stock worth $7,799,000 after acquiring an additional 6,900 shares in the last quarter. Finally, Stonnington Group LLC lifted its position in shares of SPDR Gold Shares by 561.6% during the fourth quarter. Stonnington Group LLC now owns 60,347 shares of the exchange traded fund’s stock worth $10,276,000 after purchasing an additional 51,226 shares during the last quarter. Hedge funds and other institutional investors own 33.15% of the company’s stock.
Shares of NYSEARCA GLD opened at $168.32 on Friday. SPDR Gold Shares has a twelve month low of $160.68 and a twelve month high of $193.30. The business has a 50 day simple moving average of $172.26 and a 200-day simple moving average of $174.43.
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).
- Get a free copy of the StockNews.com research report on SPDR Gold Shares (GLD)
- Schnitzer Steel Witnesses A Strong Quarter On The Back Of Strong Domestic Demand
- MarketBeat: Week in Review 6/27 – 7/1
- Accolade Moves Higher But Growth Is Slowing
- ZIM Integrated Shipping Services (ZIM): Don’t Miss This Dividend
- RH Gives Good Reason To Get Defensive
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.