Platform Technology Partners trimmed its stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 1.1% in the fourth quarter, Holdings Channel reports. The firm owned 5,434 shares of the exchange traded fund’s stock after selling 62 shares during the quarter. Platform Technology Partners’ holdings in SPDR Gold Shares were worth $1,017,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in GLD. International Assets Investment Management LLC increased its stake in SPDR Gold Shares by 19,989.3% in the fourth quarter. International Assets Investment Management LLC now owns 2,437,035 shares of the exchange traded fund’s stock valued at $465,888,000 after acquiring an additional 2,424,904 shares during the last quarter. Toronto Dominion Bank lifted its position in shares of SPDR Gold Shares by 14.5% during the 3rd quarter. Toronto Dominion Bank now owns 4,660,292 shares of the exchange traded fund’s stock worth $799,007,000 after buying an additional 591,368 shares during the last quarter. Euclidean Capital LLC boosted its stake in SPDR Gold Shares by 91.4% in the third quarter. Euclidean Capital LLC now owns 1,062,500 shares of the exchange traded fund’s stock valued at $182,166,000 after buying an additional 507,500 shares in the last quarter. Dagco Inc. lifted its holdings in shares of SPDR Gold Shares by 24,465.7% in the third quarter. Dagco Inc. now owns 388,138 shares of the exchange traded fund’s stock worth $66,546,000 after acquiring an additional 386,558 shares during the last quarter. Finally, Bailard Inc. boosted its stake in shares of SPDR Gold Shares by 5,040.4% in the 4th quarter. Bailard Inc. now owns 349,291 shares of the exchange traded fund’s stock valued at $66,774,000 after purchasing an additional 342,496 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Price Performance
Shares of GLD traded down $7.80 during mid-day trading on Friday, reaching $211.63. 12,191,294 shares of the company were exchanged, compared to its average volume of 7,605,078. SPDR Gold Shares has a 52 week low of $168.30 and a 52 week high of $225.66. The business has a 50 day simple moving average of $216.58 and a two-hundred day simple moving average of $199.60.
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).
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