SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Hyman Charles D

Hyman Charles D reduced its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,825 shares of the exchange traded fund’s stock after selling 400 shares during the period. Hyman Charles D’s holdings in SPDR Gold Shares were worth $5,319,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. Miracle Mile Advisors LLC grew its stake in SPDR Gold Shares by 33.8% in the 4th quarter. Miracle Mile Advisors LLC now owns 2,401 shares of the exchange traded fund’s stock worth $459,000 after acquiring an additional 607 shares during the period. Syon Capital LLC purchased a new stake in SPDR Gold Shares in the 3rd quarter worth approximately $6,972,000. Raymond James & Associates grew its stake in SPDR Gold Shares by 0.5% in the 4th quarter. Raymond James & Associates now owns 844,620 shares of the exchange traded fund’s stock worth $161,466,000 after acquiring an additional 4,242 shares during the period. Marks Wealth LLC purchased a new stake in SPDR Gold Shares in the 4th quarter worth approximately $33,299,000. Finally, Planned Solutions Inc. purchased a new stake in shares of SPDR Gold Shares during the 4th quarter valued at $65,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Down 0.5 %

Shares of NYSEARCA GLD traded down $0.99 during trading on Tuesday, hitting $214.21. 5,659,460 shares of the company traded hands, compared to its average volume of 7,932,338. SPDR Gold Shares has a 1 year low of $168.30 and a 1 year high of $225.09. The company has a 50-day moving average price of $208.23 and a 200-day moving average price of $194.39.

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).