GHP Investment Advisors Inc. reduced its position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 27.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 600 shares of the exchange traded fund’s stock after selling 226 shares during the quarter. GHP Investment Advisors Inc.’s holdings in SPDR Gold Shares were worth $145,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also made changes to their positions in the company. 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 worth $735,169,000 after buying an additional 3,010,682 shares in the last quarter. Stifel Financial Corp raised its position in shares of 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 acquiring an additional 100,149 shares in the last quarter. State Street Corp raised its position in shares of SPDR Gold Shares by 6.6% in the 3rd quarter. State Street Corp now owns 764,315 shares of the exchange traded fund’s stock worth $185,774,000 after acquiring an additional 47,507 shares in the last quarter. US Bancorp DE lifted its stake in shares of SPDR Gold Shares by 0.5% during the 3rd 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 position in SPDR Gold Shares by 4.9% during 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 purchasing an additional 30,952 shares in the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.
SPDR Gold Shares Trading Up 0.2 %
Shares of SPDR Gold Shares stock opened at $263.90 on Friday. The company has a 50-day simple moving average of $247.93 and a two-hundred day simple moving average of $241.64. SPDR Gold Shares has a one year low of $183.78 and a one year high of $266.35.
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).
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