Wade G W & Inc. Has $10.34 Million Stake in SPDR Gold Shares (NYSEARCA:GLD)

Wade G W & Inc. decreased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 43.3% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 64,622 shares of the exchange traded fund’s stock after selling 49,438 shares during the period. Wade G W & Inc.’s holdings in SPDR Gold Shares were worth $10,337,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Excalibur Management Corp boosted its stake in SPDR Gold Shares by 62.7% during the 1st quarter. Excalibur Management Corp now owns 7,519 shares of the exchange traded fund’s stock valued at $1,203,000 after purchasing an additional 2,898 shares during the period. International Assets Investment Management LLC boosted its stake in SPDR Gold Shares by 103.9% during the 1st quarter. International Assets Investment Management LLC now owns 18,510 shares of the exchange traded fund’s stock valued at $3,128,000 after purchasing an additional 9,432 shares during the period. Mirador Capital Partners LP boosted its stake in SPDR Gold Shares by 18.2% during the 4th quarter. Mirador Capital Partners LP now owns 30,410 shares of the exchange traded fund’s stock valued at $5,424,000 after purchasing an additional 4,677 shares during the period. EP Wealth Advisors LLC boosted its stake in SPDR Gold Shares by 22.8% during the 4th quarter. EP Wealth Advisors LLC now owns 7,849 shares of the exchange traded fund’s stock valued at $1,400,000 after purchasing an additional 1,457 shares during the period. Finally, Klingenstein Fields & Co. LP boosted its stake in SPDR Gold Shares by 6.4% during the 4th quarter. Klingenstein Fields & Co. LP now owns 4,471 shares of the exchange traded fund’s stock valued at $797,000 after purchasing an additional 270 shares during the period. 43.90% of the stock is currently owned by institutional investors and hedge funds.

NYSEARCA:GLD traded up $1.54 during mid-day trading on Monday, hitting $174.23. 253,796 shares of the company’s stock traded hands, compared to its average volume of 9,100,527. The firm has a 50 day moving average of $165.43 and a two-hundred day moving average of $169.98. SPDR Gold Shares has a 12 month low of $157.04 and a 12 month high of $194.45.

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).

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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