Colonial River Wealth Management LLC Sells 76 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Colonial River Wealth Management LLC cut its holdings in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 4.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,477 shares of the exchange traded fund’s stock after selling 76 shares during the quarter. Colonial River Wealth Management LLC’s holdings in SPDR Gold Shares were worth $282,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Syon Capital LLC purchased a new stake in SPDR Gold Shares during the 3rd quarter valued at $6,972,000. Doliver Advisors LP raised its stake in SPDR Gold Shares by 17.3% during the 3rd quarter. Doliver Advisors LP now owns 3,378 shares of the exchange traded fund’s stock valued at $579,000 after buying an additional 498 shares during the last quarter. Raymond James & Associates raised its stake in SPDR Gold Shares by 0.5% during the 4th quarter. Raymond James & Associates now owns 844,620 shares of the exchange traded fund’s stock valued at $161,466,000 after buying an additional 4,242 shares during the last quarter. Marks Wealth LLC purchased a new stake in SPDR Gold Shares during the 4th quarter valued at $33,299,000. Finally, Planned Solutions Inc. purchased a new stake in SPDR Gold Shares during the 4th quarter valued at $65,000. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Performance

NYSEARCA:GLD opened at $210.86 on Wednesday. SPDR Gold Shares has a one year low of $168.30 and a one year high of $211.03. The business has a fifty day moving average price of $193.44 and a 200-day moving average price of $187.01.

SPDR Gold Shares Profile

(Free Report)

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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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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