Winmill & CO. Inc. reduced its stake in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 3.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,465 shares of the exchange traded fund’s stock after selling 135 shares during the quarter. Winmill & CO. Inc.’s holdings in SPDR Gold Shares were worth $839,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. Invesco Ltd. raised its position in shares of SPDR Gold Shares by 60.6% in the 4th quarter. Invesco Ltd. now owns 156,000 shares of the exchange traded fund’s stock worth $37,772,000 after acquiring an additional 58,850 shares in the last quarter. Sumitomo Mitsui Financial Group Inc. boosted its holdings in shares of SPDR Gold Shares by 9.0% during the 4th quarter. Sumitomo Mitsui Financial Group Inc. now owns 399,951 shares of the exchange traded fund’s stock valued at $96,840,000 after buying an additional 33,066 shares in the last quarter. Concentrum Wealth Management increased its stake in shares of SPDR Gold Shares by 462.1% in the 4th quarter. Concentrum Wealth Management now owns 7,127 shares of the exchange traded fund’s stock worth $1,726,000 after acquiring an additional 5,859 shares in the last quarter. Polymer Capital Management HK LTD lifted its position in SPDR Gold Shares by 21.7% during the 4th quarter. Polymer Capital Management HK LTD now owns 16,100 shares of the exchange traded fund’s stock valued at $3,898,000 after acquiring an additional 2,868 shares during the period. Finally, Sepio Capital LP increased its stake in shares of SPDR Gold Shares by 0.5% during the fourth quarter. Sepio Capital LP now owns 16,975 shares of the exchange traded fund’s stock valued at $4,110,000 after purchasing an additional 79 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors.
SPDR Gold Shares Trading Down 2.3 %
NYSEARCA GLD opened at $279.72 on Monday. The stock has a market cap of $84.08 billion, a P/E ratio of -30.67 and a beta of 0.17. The stock’s fifty day moving average price is $270.91 and its 200-day moving average price is $254.76. SPDR Gold Shares has a 12 month low of $210.71 and a 12 month high of $289.13.
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).
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