SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by TFC Financial Management Inc.

TFC Financial Management Inc. cut its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 40.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 150 shares of the exchange traded fund’s stock after selling 100 shares during the period. TFC Financial Management Inc.’s holdings in SPDR Gold Shares were worth $36,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC raised its position in SPDR Gold Shares by 21,571.1% during the 3rd quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock worth $735,169,000 after buying an additional 3,010,682 shares during the last quarter. Stifel Financial Corp lifted its holdings in SPDR Gold Shares by 13.9% in the 3rd quarter. Stifel Financial Corp now owns 822,531 shares of the exchange traded fund’s stock worth $199,924,000 after purchasing an additional 100,149 shares during the last quarter. State Street Corp raised its stake in shares of SPDR Gold Shares by 6.6% in the third quarter. State Street Corp now owns 764,315 shares of the exchange traded fund’s stock valued at $185,774,000 after purchasing an additional 47,507 shares in the last quarter. US Bancorp DE grew its holdings in shares of SPDR Gold Shares by 0.5% during the third quarter. US Bancorp DE now owns 691,648 shares of the exchange traded fund’s stock worth $168,112,000 after purchasing an additional 3,614 shares during the last quarter. Finally, Rockefeller Capital Management L.P. boosted its holdings in SPDR Gold Shares by 4.9% in the third quarter. Rockefeller Capital Management L.P. now owns 665,498 shares of the exchange traded fund’s stock valued at $161,670,000 after acquiring an additional 30,952 shares during the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Up 0.1 %

NYSEARCA GLD opened at $267.67 on Thursday. SPDR Gold Shares has a one year low of $183.78 and a one year high of $268.66. The stock’s 50-day moving average is $249.27 and its 200-day moving average is $242.89.

SPDR Gold Shares 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).