Farmers & Merchants Investments Inc. Sells 531 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Farmers & Merchants Investments Inc. decreased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 12.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,571 shares of the exchange traded fund’s stock after selling 531 shares during the period. Farmers & Merchants Investments Inc.’s holdings in SPDR Gold Shares were worth $683,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Toronto Dominion Bank boosted its stake in SPDR Gold Shares by 14.5% during the third quarter. Toronto Dominion Bank now owns 4,660,292 shares of the exchange traded fund’s stock valued at $799,007,000 after buying an additional 591,368 shares during the period. First Eagle Investment Management LLC boosted its stake in SPDR Gold Shares by 4.2% during the third quarter. First Eagle Investment Management LLC now owns 3,451,135 shares of the exchange traded fund’s stock valued at $599,794,000 after buying an additional 137,604 shares during the period. Moneta Group Investment Advisors LLC lifted its stake in SPDR Gold Shares by 67,584.6% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 3,037,008 shares of the exchange traded fund’s stock worth $515,198,000 after purchasing an additional 3,032,521 shares during the last quarter. Mackenzie Financial Corp lifted its stake in SPDR Gold Shares by 0.6% during the third quarter. Mackenzie Financial Corp now owns 1,637,245 shares of the exchange traded fund’s stock worth $276,956,000 after purchasing an additional 9,005 shares during the last quarter. Finally, State Street Corp lifted its stake in SPDR Gold Shares by 256.0% during the first quarter. State Street Corp now owns 1,142,717 shares of the exchange traded fund’s stock worth $206,432,000 after purchasing an additional 821,773 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.5 %

Shares of GLD stock opened at $210.86 on Wednesday. The business has a 50-day moving average price of $193.44 and a two-hundred day moving average price of $187.01. SPDR Gold Shares has a 12-month low of $168.30 and a 12-month high of $211.03.

SPDR Gold Shares Company 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).

Further Reading

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

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