Levin Capital Strategies L.P. Sells 7,569 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Levin Capital Strategies L.P. cut its position in SPDR Gold Shares (NYSEARCA:GLD) by 13.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 48,293 shares of the exchange traded fund’s stock after selling 7,569 shares during the period. Levin Capital Strategies L.P.’s holdings in SPDR Gold Shares were worth $9,232,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Miracle Mile Advisors LLC raised its holdings in shares of SPDR Gold Shares by 33.8% during the fourth quarter. Miracle Mile Advisors LLC now owns 2,401 shares of the exchange traded fund’s stock valued at $459,000 after purchasing an additional 607 shares during the last quarter. Syon Capital LLC bought a new stake in SPDR Gold Shares during the third quarter valued at approximately $6,972,000. Raymond James & Associates grew its position in SPDR Gold Shares by 0.5% during the fourth quarter. Raymond James & Associates now owns 844,620 shares of the exchange traded fund’s stock valued at $161,466,000 after buying an additional 4,242 shares during the period. Marks Wealth LLC bought a new stake in SPDR Gold Shares during the fourth quarter valued at approximately $33,299,000. Finally, Planned Solutions Inc. bought a new stake in SPDR Gold Shares during the fourth quarter valued at approximately $65,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

Shares of GLD traded down $0.48 during mid-day trading on Thursday, reaching $213.31. The stock had a trading volume of 4,741,380 shares, compared to its average volume of 7,943,368. SPDR Gold Shares has a 12 month low of $168.30 and a 12 month high of $225.09. The business has a fifty day moving average of $206.17 and a 200 day moving average of $193.37.

SPDR Gold Shares 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).