PFG Investments LLC Sells 405 Shares of SPDR Gold Shares (NYSEARCA:GLD)

PFG Investments LLC lessened its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 1.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 24,035 shares of the exchange traded fund’s stock after selling 405 shares during the quarter. PFG Investments LLC’s holdings in SPDR Gold Shares were worth $5,820,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. International Assets Investment Management LLC raised its stake in SPDR Gold Shares by 21,571.1% in the third quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock valued at $735,169,000 after purchasing an additional 3,010,682 shares in the last quarter. Diversify Advisory Services LLC raised its stake in SPDR Gold Shares by 446.0% in the fourth quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock valued at $59,410,000 after purchasing an additional 195,520 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. raised its stake in SPDR Gold Shares by 47.5% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock valued at $110,386,000 after purchasing an additional 146,271 shares in the last quarter. Banco Santander S.A. raised its stake in SPDR Gold Shares by 245.1% in the third quarter. Banco Santander S.A. now owns 160,721 shares of the exchange traded fund’s stock valued at $39,065,000 after purchasing an additional 114,151 shares in the last quarter. Finally, JTC Employer Solutions Trustee Ltd raised its stake in SPDR Gold Shares by 1,565.3% in the third quarter. JTC Employer Solutions Trustee Ltd now owns 115,106 shares of the exchange traded fund’s stock valued at $27,979,000 after purchasing an additional 108,194 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.6 %

GLD stock opened at $255.65 on Monday. The business has a 50-day simple moving average of $245.31 and a 200 day simple moving average of $239.58. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $257.71.

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).