Well Done LLC Has $418,000 Stake in SPDR Gold Shares (NYSEARCA:GLD)

Well Done LLC reduced its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 8.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,186 shares of the exchange traded fund’s stock after selling 202 shares during the quarter. Well Done LLC’s holdings in SPDR Gold Shares were worth $418,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Moneta Group Investment Advisors LLC increased its position in shares of SPDR Gold Shares by 67,584.6% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 3,037,008 shares of the exchange traded fund’s stock valued at $515,198,000 after purchasing an additional 3,032,521 shares during the period. State Street Corp raised its stake in shares of SPDR Gold Shares by 256.0% in the 1st quarter. State Street Corp now owns 1,142,717 shares of the exchange traded fund’s stock valued at $206,432,000 after buying an additional 821,773 shares in the last quarter. CIBC Asset Management Inc raised its stake in shares of SPDR Gold Shares by 111.3% in the 2nd quarter. CIBC Asset Management Inc now owns 68,532 shares of the exchange traded fund’s stock valued at $12,217,000 after buying an additional 672,400 shares in the last quarter. Toronto Dominion Bank lifted its holdings in shares of 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 worth $799,007,000 after acquiring an additional 591,368 shares during the period. Finally, Virtu Financial LLC bought a new position in shares of SPDR Gold Shares during the 1st quarter worth about $100,880,000. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Performance

NYSEARCA GLD traded up $1.31 on Wednesday, reaching $202.95. The company’s stock had a trading volume of 4,365,121 shares, compared to its average volume of 6,581,742. The business has a 50-day moving average price of $191.68 and a 200 day moving average price of $186.05. SPDR Gold Shares has a 52 week low of $168.30 and a 52 week high of $203.92.

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).