SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Fairview Capital Investment Management LLC

Fairview Capital Investment Management LLC decreased its position in SPDR Gold Shares (NYSEARCA:GLD) by 1.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,982 shares of the exchange traded fund’s stock after selling 250 shares during the quarter. Fairview Capital Investment Management LLC’s holdings in SPDR Gold Shares were worth $4,393,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in GLD. International Assets Investment Management LLC lifted its holdings in shares of SPDR Gold Shares by 19,989.3% in the 4th quarter. International Assets Investment Management LLC now owns 2,437,035 shares of the exchange traded fund’s stock worth $465,888,000 after purchasing an additional 2,424,904 shares during the last quarter. Toronto Dominion Bank raised its stake in 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 valued at $799,007,000 after acquiring an additional 591,368 shares in the last quarter. Euclidean Capital LLC raised its stake in SPDR Gold Shares by 91.4% during the 3rd quarter. Euclidean Capital LLC now owns 1,062,500 shares of the exchange traded fund’s stock valued at $182,166,000 after acquiring an additional 507,500 shares in the last quarter. Dagco Inc. raised its stake in SPDR Gold Shares by 24,465.7% during the 3rd quarter. Dagco Inc. now owns 388,138 shares of the exchange traded fund’s stock valued at $66,546,000 after acquiring an additional 386,558 shares in the last quarter. Finally, Bailard Inc. raised its stake in SPDR Gold Shares by 5,040.4% during the 4th quarter. Bailard Inc. now owns 349,291 shares of the exchange traded fund’s stock valued at $66,774,000 after acquiring an additional 342,496 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.1 %

SPDR Gold Shares stock traded up $2.46 during mid-day trading on Wednesday, hitting $217.73. 3,307,835 shares of the company’s stock traded hands, compared to its average volume of 7,562,537. The firm has a 50 day moving average price of $216.02 and a 200 day moving average price of $199.34. SPDR Gold Shares has a one year low of $168.30 and a one year high of $225.66.

About SPDR Gold Shares

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).