Kelly Financial Services LLC Sells 735 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Kelly Financial Services LLC cut its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 34.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,411 shares of the exchange traded fund’s stock after selling 735 shares during the period. Kelly Financial Services LLC’s holdings in SPDR Gold Shares were worth $342,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC lifted its holdings in shares of SPDR Gold Shares by 21,571.1% during 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 purchasing an additional 3,010,682 shares in the last quarter. Stifel Financial Corp lifted its stake in SPDR Gold Shares by 13.9% in the third quarter. Stifel Financial Corp now owns 822,531 shares of the exchange traded fund’s stock valued at $199,924,000 after buying an additional 100,149 shares in the last quarter. State Street Corp boosted its holdings in shares of SPDR Gold Shares by 6.6% in the third quarter. State Street Corp now owns 764,315 shares of the exchange traded fund’s stock valued at $185,774,000 after buying an additional 47,507 shares during the period. US Bancorp DE increased its position in shares of SPDR Gold Shares by 0.5% during the third quarter. US Bancorp DE now owns 691,648 shares of the exchange traded fund’s stock worth $168,112,000 after acquiring an additional 3,614 shares in the last quarter. Finally, Rockefeller Capital Management L.P. raised its holdings in shares of SPDR Gold Shares by 4.9% during the third quarter. Rockefeller Capital Management L.P. now owns 665,498 shares of the exchange traded fund’s stock worth $161,670,000 after acquiring an additional 30,952 shares during the period. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Down 0.5 %

Shares of NYSEARCA GLD opened at $249.27 on Friday. The company has a fifty day moving average price of $243.85 and a 200 day moving average price of $238.21. SPDR Gold Shares has a 1-year low of $183.78 and a 1-year high of $257.71.

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).