Bigelow Investment Advisors LLC Sells 45 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Bigelow Investment Advisors LLC trimmed its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 2.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 1,519 shares of the exchange traded fund’s stock after selling 45 shares during the quarter. Bigelow Investment Advisors LLC’s holdings in SPDR Gold Shares were worth $368,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in GLD. International Assets Investment Management LLC lifted 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 valued at $735,169,000 after acquiring an additional 3,010,682 shares in the last quarter. Strategic Financial Concepts LLC lifted its stake in SPDR Gold Shares by 24,600.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 608,876 shares of the exchange traded fund’s stock valued at $147,427,000 after acquiring an additional 606,411 shares in the last quarter. Diversify Advisory Services LLC lifted its stake in SPDR Gold Shares by 446.0% during the 4th quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock valued at $59,410,000 after acquiring an additional 195,520 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of SPDR Gold Shares by 47.5% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock worth $110,386,000 after buying an additional 146,271 shares in the last quarter. Finally, Banco Santander S.A. lifted its position in shares of SPDR Gold Shares by 245.1% during the 3rd quarter. Banco Santander S.A. now owns 160,721 shares of the exchange traded fund’s stock worth $39,065,000 after buying an additional 114,151 shares in the last quarter. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Trading Up 1.7 %

Shares of SPDR Gold Shares stock opened at $270.70 on Wednesday. The business’s fifty day simple moving average is $251.61 and its 200 day simple moving average is $244.45. SPDR Gold Shares has a 12 month low of $187.05 and a 12 month high of $271.01.

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).