SPDR Gold Shares (NYSEARCA:GLD) Stock Position Lessened by Tamar Securities LLC

Tamar Securities LLC decreased its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 0.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 18,024 shares of the exchange traded fund’s stock after selling 129 shares during the quarter. Tamar Securities LLC’s holdings in SPDR Gold Shares were worth $4,364,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Romano Brothers AND Company increased its holdings in shares of SPDR Gold Shares by 1.0% during the 3rd quarter. Romano Brothers AND Company now owns 4,122 shares of the exchange traded fund’s stock valued at $1,002,000 after acquiring an additional 40 shares during the last quarter. Delta Financial Group Inc. increased its position in SPDR Gold Shares by 1.2% in the 3rd quarter. Delta Financial Group Inc. now owns 3,492 shares of the exchange traded fund’s stock worth $849,000 after buying an additional 41 shares during the period. Magnus Financial Group LLC increased its position in SPDR Gold Shares by 0.6% in the 4th quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock worth $1,780,000 after buying an additional 41 shares during the period. Spinnaker Trust increased its position in SPDR Gold Shares by 1.1% in the 3rd quarter. Spinnaker Trust now owns 3,932 shares of the exchange traded fund’s stock worth $956,000 after buying an additional 43 shares during the period. Finally, Adirondack Trust Co. increased its position in SPDR Gold Shares by 3.3% in the 4th quarter. Adirondack Trust Co. now owns 1,349 shares of the exchange traded fund’s stock worth $327,000 after buying an additional 43 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 1.0 %

Shares of NYSEARCA GLD opened at $252.99 on Tuesday. The business’s 50 day moving average is $245.31 and its two-hundred day moving average is $239.72. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $257.71.

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).