SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Nwam LLC

Nwam LLC cut its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.8% during the 4th quarter, Holdings Channel reports. The firm owned 41,969 shares of the exchange traded fund’s stock after selling 782 shares during the period. Nwam LLC’s holdings in SPDR Gold Shares were worth $10,162,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of GLD. Strategic Financial Concepts LLC boosted its stake in shares of SPDR Gold Shares by 24,600.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 608,876 shares of the exchange traded fund’s stock worth $147,427,000 after acquiring an additional 606,411 shares in the last quarter. Diversify Advisory Services LLC boosted its stake in shares of SPDR Gold Shares by 446.0% during the 4th quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock worth $59,410,000 after acquiring an additional 195,520 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of SPDR Gold Shares by 47.5% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock worth $110,386,000 after acquiring an additional 146,271 shares in the last quarter. Banco Santander S.A. boosted its stake in shares of SPDR Gold Shares by 245.1% during the 3rd quarter. Banco Santander S.A. now owns 160,721 shares of the exchange traded fund’s stock worth $39,065,000 after acquiring an additional 114,151 shares in the last quarter. Finally, Stifel Financial Corp boosted its stake in shares of SPDR Gold Shares by 13.9% during 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. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Up 0.2 %

GLD opened at $269.03 on Thursday. The firm has a market cap of $80.87 billion, a PE ratio of -28.59 and a beta of 0.20. The business has a fifty day simple moving average of $254.64 and a 200-day simple moving average of $246.31. SPDR Gold Shares has a fifty-two week low of $187.88 and a fifty-two week high of $272.32.

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).