SPDR Gold Shares (NYSEARCA:GLD) Holdings Trimmed by Lindbrook Capital LLC

Lindbrook Capital LLC trimmed its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 13.0% during the 4th quarter, HoldingsChannel reports. The firm owned 4,538 shares of the exchange traded fund’s stock after selling 678 shares during the quarter. Lindbrook Capital LLC’s holdings in SPDR Gold Shares were worth $1,099,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Proficio Capital Partners LLC grew its position in SPDR Gold Shares by 24,245.2% during the 4th quarter. Proficio Capital Partners LLC now owns 60,753,703 shares of the exchange traded fund’s stock worth $14,710,294,000 after purchasing an additional 60,504,152 shares in the last quarter. Raymond James Financial Inc. purchased a new position in SPDR Gold Shares during the 4th quarter worth approximately $450,109,000. Stifel Financial Corp grew its position in 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 purchasing an additional 100,149 shares in the last quarter. State Street Corp grew its holdings in shares of SPDR Gold Shares by 6.6% during the 3rd quarter. State Street Corp now owns 764,315 shares of the exchange traded fund’s stock valued at $185,774,000 after acquiring an additional 47,507 shares in the last quarter. Finally, US Bancorp DE grew its holdings in shares of SPDR Gold Shares by 0.5% during the 4th quarter. US Bancorp DE now owns 695,118 shares of the exchange traded fund’s stock valued at $168,309,000 after acquiring an additional 3,470 shares in the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Up 0.2 %

SPDR Gold Shares stock opened at $269.62 on Thursday. The company’s fifty day simple moving average is $257.20 and its 200-day simple moving average is $247.65. SPDR Gold Shares has a 12 month low of $197.44 and a 12 month high of $272.32. The stock has a market cap of $81.05 billion, a P/E ratio of -28.59 and a beta of 0.20.

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).