New Century Financial Group LLC trimmed its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 7.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,141 shares of the exchange traded fund’s stock after selling 236 shares during the period. New Century Financial Group LLC’s holdings in SPDR Gold Shares were worth $765,000 as of its most recent SEC filing.
Several other institutional investors have also recently bought and sold shares of GLD. International Assets Investment Management LLC raised its position in SPDR Gold Shares by 21,571.1% in the 3rd quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock worth $735,169,000 after purchasing an additional 3,010,682 shares during the last quarter. Stifel Financial Corp increased its stake in shares of 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 buying an additional 100,149 shares during the period. State Street Corp raised its position in shares of SPDR Gold Shares by 6.6% during the third quarter. State Street Corp now owns 764,315 shares of the exchange traded fund’s stock worth $185,774,000 after acquiring an additional 47,507 shares during the last quarter. US Bancorp DE lifted its stake in shares of SPDR Gold Shares by 0.5% during the third quarter. US Bancorp DE now owns 691,648 shares of the exchange traded fund’s stock valued at $168,112,000 after acquiring an additional 3,614 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its holdings in SPDR Gold Shares by 4.9% in the third quarter. Rockefeller Capital Management L.P. now owns 665,498 shares of the exchange traded fund’s stock valued at $161,670,000 after acquiring an additional 30,952 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Price Performance
Shares of NYSEARCA:GLD opened at $254.07 on Friday. SPDR Gold Shares has a 1-year low of $183.78 and a 1-year high of $257.71. The business has a 50-day moving average price of $244.59 and a two-hundred day moving average price of $239.07.
SPDR Gold Shares Company 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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