Clifford Swan Investment Counsel LLC Decreases Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Clifford Swan Investment Counsel LLC trimmed its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 87,368 shares of the exchange traded fund’s stock after selling 1,099 shares during the quarter. Clifford Swan Investment Counsel LLC’s holdings in SPDR Gold Shares were worth $21,154,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of GLD. Creative Financial Designs Inc. ADV lifted its position in shares of SPDR Gold Shares by 14.5% during the third quarter. Creative Financial Designs Inc. ADV now owns 3,597 shares of the exchange traded fund’s stock valued at $874,000 after buying an additional 456 shares during the last quarter. Atlas Financial Advisors Inc. raised its position in shares of SPDR Gold Shares by 12.9% in the 3rd quarter. Atlas Financial Advisors Inc. now owns 2,966 shares of the exchange traded fund’s stock valued at $721,000 after purchasing an additional 340 shares during the last quarter. Chicago Partners Investment Group LLC raised its position in shares of SPDR Gold Shares by 9.9% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 2,602 shares of the exchange traded fund’s stock valued at $653,000 after purchasing an additional 234 shares during the last quarter. Vigilare Wealth Management raised its position in shares of SPDR Gold Shares by 20.2% in the 3rd quarter. Vigilare Wealth Management now owns 35,826 shares of the exchange traded fund’s stock valued at $8,708,000 after purchasing an additional 6,021 shares during the last quarter. Finally, F M Investments LLC purchased a new position in shares of SPDR Gold Shares in the 3rd quarter valued at approximately $234,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Down 0.6 %

Shares of SPDR Gold Shares stock opened at $263.27 on Friday. The firm has a market capitalization of $79.14 billion, a P/E ratio of -28.59 and a beta of 0.20. The company has a 50 day moving average price of $255.57 and a 200 day moving average price of $246.81. SPDR Gold Shares has a 52 week low of $189.23 and a 52 week high of $272.32.

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).