SPDR Gold Shares (NYSEARCA:GLD) Holdings Reduced by Perella Weinberg Partners Capital Management LP

Perella Weinberg Partners Capital Management LP trimmed its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 22.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 351,433 shares of the exchange traded fund’s stock after selling 101,511 shares during the period. SPDR Gold Shares makes up about 5.5% of Perella Weinberg Partners Capital Management LP’s investment portfolio, making the stock its 7th largest holding. Perella Weinberg Partners Capital Management LP’s holdings in SPDR Gold Shares were worth $67,183,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. First Personal Financial Services purchased a new position in shares of SPDR Gold Shares in the 4th quarter worth $25,000. Frazier Financial Advisors LLC purchased a new position in shares of SPDR Gold Shares in the 4th quarter worth $26,000. Johnson Midwest Financial LLC raised its holdings in SPDR Gold Shares by 350.0% in the 3rd quarter. Johnson Midwest Financial LLC now owns 180 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 140 shares during the period. Private Ocean LLC raised its holdings in SPDR Gold Shares by 232.7% in the 4th quarter. Private Ocean LLC now owns 163 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 114 shares during the period. Finally, Naples Money Management LLC bought a new position in SPDR Gold Shares in the 4th quarter worth $31,000. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

SPDR Gold Shares stock traded up $0.20 during trading on Friday, reaching $215.92. The company had a trading volume of 4,212,379 shares, compared to its average volume of 7,236,997. SPDR Gold Shares has a 52 week low of $168.30 and a 52 week high of $225.66. The firm’s 50-day simple moving average is $213.86 and its 200 day simple moving average is $197.51.

SPDR Gold Shares Company Profile

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).