SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Middleton & Co. Inc. MA

Middleton & Co. Inc. MA cut its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 8.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,135 shares of the exchange traded fund’s stock after selling 100 shares during the period. Middleton & Co. Inc. MA’s holdings in SPDR Gold Shares were worth $275,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of GLD. Golden State Equity Partners purchased a new position in SPDR Gold Shares in the 3rd quarter valued at about $220,000. Pinnacle Associates Ltd. increased its holdings in shares of SPDR Gold Shares by 0.5% during the 3rd quarter. Pinnacle Associates Ltd. now owns 11,485 shares of the exchange traded fund’s stock worth $2,792,000 after buying an additional 60 shares during the last quarter. Diversify Wealth Management LLC acquired a new stake in shares of SPDR Gold Shares during the 3rd quarter worth approximately $632,000. Focus Financial Network Inc. increased its holdings in shares of SPDR Gold Shares by 8.1% during the 3rd quarter. Focus Financial Network Inc. now owns 26,478 shares of the exchange traded fund’s stock worth $6,436,000 after buying an additional 1,992 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV increased its holdings in shares of SPDR Gold Shares by 14.5% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 3,597 shares of the exchange traded fund’s stock worth $874,000 after buying an additional 456 shares during the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

Shares of NYSEARCA GLD opened at $263.27 on Friday. The company has a 50 day simple moving average of $255.57 and a 200-day simple moving average of $246.68. The company has a market capitalization of $79.14 billion, a P/E ratio of -28.59 and a beta of 0.20. SPDR Gold Shares has a 1 year low of $189.23 and a 1 year high of $272.32.

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).