Colonial River Investments LLC Sells 350 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Colonial River Investments LLC decreased its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 25.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,051 shares of the exchange traded fund’s stock after selling 350 shares during the period. Colonial River Investments LLC’s holdings in SPDR Gold Shares were worth $254,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Stifel Financial Corp lifted its holdings 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 acquiring an additional 100,149 shares during the last quarter. State Street Corp lifted its holdings in shares of SPDR Gold Shares by 6.6% in 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 holdings in shares of SPDR Gold Shares by 0.5% in the 3rd 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 last quarter. Rockefeller Capital Management L.P. lifted its holdings 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 acquiring an additional 30,952 shares during the last quarter. Finally, Strategic Financial Concepts LLC raised its position in SPDR Gold Shares by 24,600.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 608,876 shares of the exchange traded fund’s stock worth $147,427,000 after purchasing an additional 606,411 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

SPDR Gold Shares stock opened at $272.21 on Tuesday. SPDR Gold Shares has a 1-year low of $187.53 and a 1-year high of $272.32. The company’s 50-day moving average is $253.55 and its 200 day moving average is $245.84.

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).