SPDR Gold Shares $GLD is Moody Lynn & Lieberson LLC’s 7th Largest Position

Moody Lynn & Lieberson LLC decreased its position in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 1.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 185,912 shares of the exchange traded fund’s stock after selling 3,568 shares during the period. SPDR Gold Shares makes up about 3.9% of Moody Lynn & Lieberson LLC’s investment portfolio, making the stock its 7th largest position. Moody Lynn & Lieberson LLC’s holdings in SPDR Gold Shares were worth $73,679,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Hopwood Financial Services Inc. purchased a new position in shares of SPDR Gold Shares during the 3rd quarter worth about $27,000. Vestwell Advisors LLC bought a new position in SPDR Gold Shares during the 3rd quarter valued at about $27,000. USA Financial Formulas purchased a new stake in SPDR Gold Shares in the 4th quarter worth about $31,000. Chapman Financial Group LLC purchased a new stake in SPDR Gold Shares in the 2nd quarter worth about $26,000. Finally, Steigerwald Gordon & Koch Inc. bought a new stake in SPDR Gold Shares in the third quarter worth about $31,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares News Summary

Here are the key news stories impacting SPDR Gold Shares this week:

SPDR Gold Shares Price Performance

Shares of NYSEARCA:GLD opened at $430.29 on Wednesday. SPDR Gold Shares has a 1 year low of $272.58 and a 1 year high of $509.70. The business has a 50 day simple moving average of $455.48 and a two-hundred day simple moving average of $408.17. The firm has a market capitalization of $163.55 billion, a PE ratio of -32.43 and a beta of 0.09.

About SPDR Gold Shares

(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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