SPDR Gold Shares (GLD) Stake Lessened by Fairview Capital Investment Management LLC
Fairview Capital Investment Management LLC lessened its stake in SPDR Gold Shares (NYSEARCA:GLD) by 6.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 20,185 shares of the exchange traded fund’s stock after selling 1,365 shares during the quarter. Fairview Capital Investment Management LLC’s holdings in SPDR Gold Shares were worth $2,447,000 as of its most recent filing with the SEC.
Several other institutional investors also recently modified their holdings of the company. First Personal Financial Services acquired a new stake in SPDR Gold Shares during the fourth quarter worth about $29,000. Essex Savings Bank acquired a new stake in SPDR Gold Shares during the fourth quarter worth about $41,000. Ruggie Capital Group acquired a new stake in SPDR Gold Shares during the fourth quarter worth about $42,000. Portfolio Solutions LLC acquired a new stake in SPDR Gold Shares during the fourth quarter worth about $54,000. Finally, Larson Financial Group LLC acquired a new stake in SPDR Gold Shares during the fourth quarter worth about $61,000.
GLD opened at $123.65 on Thursday. SPDR Gold Shares has a fifty-two week low of $111.06 and a fifty-two week high of $129.47.
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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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