Investors sold shares of SPDR Gold Shares (NYSEARCA:GLD) on strength during trading hours on Tuesday. $59.14 million flowed into the stock on the tick-up and $87.26 million flowed out of the stock on the tick-down, for a money net flow of $28.12 million out of the stock. Of all equities tracked, SPDR Gold Shares had the 0th highest net out-flow for the day. SPDR Gold Shares traded up $0.64 for the day and closed at $123.15

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. BerganKDV Wealth Management LLC boosted its stake in shares of SPDR Gold Shares by 5.8% in the fourth quarter. BerganKDV Wealth Management LLC now owns 1,543 shares of the exchange traded fund’s stock worth $187,000 after acquiring an additional 84 shares during the last quarter. QCI Asset Management Inc. NY boosted its stake in shares of SPDR Gold Shares by 12.1% in the fourth quarter. QCI Asset Management Inc. NY now owns 814 shares of the exchange traded fund’s stock worth $99,000 after acquiring an additional 88 shares during the last quarter. Beck Mack & Oliver LLC lifted its position in SPDR Gold Shares by 0.9% during the fourth quarter. Beck Mack & Oliver LLC now owns 10,173 shares of the exchange traded fund’s stock worth $1,233,000 after buying an additional 92 shares in the last quarter. Country Club Trust Company n.a. lifted its position in SPDR Gold Shares by 1.9% during the first quarter. Country Club Trust Company n.a. now owns 5,414 shares of the exchange traded fund’s stock worth $660,000 after buying an additional 99 shares in the last quarter. Finally, ARS Investment Partners LLC lifted its position in SPDR Gold Shares by 0.9% during the fourth quarter. ARS Investment Partners LLC now owns 10,720 shares of the exchange traded fund’s stock worth $1,300,000 after buying an additional 100 shares in the last quarter.

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SPDR Gold Shares Company Profile (NYSEARCA:GLD)

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).

See Also: Float

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