SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by MassMutual Private Wealth & Trust FSB

MassMutual Private Wealth & Trust FSB trimmed its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 28.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,436 shares of the exchange traded fund’s stock after selling 585 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in SPDR Gold Shares were worth $348,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of GLD. International Assets Investment Management LLC raised its holdings in shares of SPDR Gold Shares by 21,571.1% in the third quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock valued at $735,169,000 after buying an additional 3,010,682 shares during the last quarter. Stifel Financial Corp increased its position in SPDR Gold Shares by 13.9% in the 3rd quarter. Stifel Financial Corp now owns 822,531 shares of the exchange traded fund’s stock valued at $199,924,000 after acquiring an additional 100,149 shares during the period. State Street Corp raised its stake in SPDR Gold Shares by 6.6% during the 3rd quarter. State Street Corp now owns 764,315 shares of the exchange traded fund’s stock valued at $185,774,000 after acquiring an additional 47,507 shares during the last quarter. US Bancorp DE lifted its position in SPDR Gold Shares by 0.5% during the 3rd quarter. US Bancorp DE now owns 691,648 shares of the exchange traded fund’s stock worth $168,112,000 after acquiring an additional 3,614 shares during the period. Finally, Rockefeller Capital Management L.P. grew its stake in shares of SPDR Gold Shares by 4.9% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 665,498 shares of the exchange traded fund’s stock valued at $161,670,000 after purchasing an additional 30,952 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

NYSEARCA:GLD opened at $254.43 on Thursday. SPDR Gold Shares has a 12-month low of $183.78 and a 12-month high of $257.71. The stock’s 50 day simple moving average is $244.25 and its 200-day simple moving average is $238.96.

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).