SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Brown Brothers Harriman & Co.

Brown Brothers Harriman & Co. trimmed its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 39,653 shares of the exchange traded fund’s stock after selling 937 shares during the period. Brown Brothers Harriman & Co.’s holdings in SPDR Gold Shares were worth $9,601,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in the business. Clarus Group Inc. boosted its holdings in SPDR Gold Shares by 2.2% in the fourth quarter. Clarus Group Inc. now owns 1,825 shares of the exchange traded fund’s stock valued at $442,000 after purchasing an additional 40 shares in the last quarter. Kellett Wealth Advisors LLC boosted its holdings in shares of SPDR Gold Shares by 3.6% in the 4th quarter. Kellett Wealth Advisors LLC now owns 1,160 shares of the exchange traded fund’s stock valued at $281,000 after buying an additional 40 shares in the last quarter. Wealth Advisors of Iowa LLC grew its position in shares of SPDR Gold Shares by 3.9% in the 4th quarter. Wealth Advisors of Iowa LLC now owns 1,070 shares of the exchange traded fund’s stock valued at $259,000 after buying an additional 40 shares during the last quarter. Magnus Financial Group LLC grew its position in shares of SPDR Gold Shares by 0.6% in the 4th quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock valued at $1,780,000 after buying an additional 41 shares during the last quarter. Finally, Pittenger & Anderson Inc. lifted its position in SPDR Gold Shares by 25.9% in the fourth quarter. Pittenger & Anderson Inc. now owns 199 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 41 shares during the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

NYSEARCA GLD opened at $284.06 on Friday. The company has a fifty day moving average of $267.64 and a two-hundred day moving average of $252.76. The company has a market capitalization of $85.39 billion, a PE ratio of -29.30 and a beta of 0.20. SPDR Gold Shares has a 1 year low of $206.29 and a 1 year high of $284.64.

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).