Mirador Capital Partners LP Sells 1,351 Shares of SPDR Gold Shares $GLD

Mirador Capital Partners LP reduced its holdings in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 30.6% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,068 shares of the exchange traded fund’s stock after selling 1,351 shares during the quarter. Mirador Capital Partners LP’s holdings in SPDR Gold Shares were worth $1,216,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of GLD. True Vision MN LLC increased its position in shares of SPDR Gold Shares by 3.2% in the fourth quarter. True Vision MN LLC now owns 768 shares of the exchange traded fund’s stock worth $304,000 after purchasing an additional 24 shares during the last quarter. Burns J W & Co. Inc. NY increased its holdings in shares of SPDR Gold Shares by 0.7% in the 4th quarter. Burns J W & Co. Inc. NY now owns 3,500 shares of the exchange traded fund’s stock worth $1,387,000 after buying an additional 25 shares during the last quarter. Boston Standard Wealth Management LLC increased its holdings in shares of SPDR Gold Shares by 2.8% in the 4th quarter. Boston Standard Wealth Management LLC now owns 946 shares of the exchange traded fund’s stock worth $375,000 after buying an additional 26 shares during the last quarter. Mccarter Private Wealth Services LLC raised its position in shares of SPDR Gold Shares by 3.2% during the 3rd quarter. Mccarter Private Wealth Services LLC now owns 870 shares of the exchange traded fund’s stock valued at $309,000 after buying an additional 27 shares in the last quarter. Finally, Prudent Investors Network Inc. lifted its holdings in shares of SPDR Gold Shares by 3.8% during the 3rd quarter. Prudent Investors Network Inc. now owns 734 shares of the exchange traded fund’s stock worth $261,000 after acquiring an additional 27 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 3.5%

GLD opened at $414.70 on Friday. The business’s fifty day simple moving average is $455.75 and its 200 day simple moving average is $405.93. SPDR Gold Shares has a 52 week low of $272.58 and a 52 week high of $509.70. The stock has a market cap of $157.63 billion, a PE ratio of -32.43 and a beta of 0.09.

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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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

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

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