SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Ingalls & Snyder LLC

Ingalls & Snyder LLC lowered its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 4.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,873 shares of the exchange traded fund’s stock after selling 1,260 shares during the quarter. Ingalls & Snyder LLC’s holdings in SPDR Gold Shares were worth $6,507,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in GLD. International Assets Investment Management LLC boosted its holdings in SPDR Gold Shares by 21,571.1% in the third 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. Strategic Financial Concepts LLC lifted its stake in shares of SPDR Gold Shares by 24,600.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 608,876 shares of the exchange traded fund’s stock valued at $147,427,000 after purchasing an additional 606,411 shares during the period. Diversify Advisory Services LLC raised its position in SPDR Gold Shares by 446.0% during the fourth quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock worth $59,410,000 after acquiring an additional 195,520 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its stake in SPDR Gold Shares by 47.5% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock valued at $110,386,000 after purchasing an additional 146,271 shares during the last quarter. Finally, Banco Santander S.A. raised its holdings in SPDR Gold Shares by 245.1% in the 3rd quarter. Banco Santander S.A. now owns 160,721 shares of the exchange traded fund’s stock valued at $39,065,000 after acquiring an additional 114,151 shares during the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Up 0.1 %

Shares of NYSEARCA:GLD opened at $267.67 on Thursday. SPDR Gold Shares has a 1 year low of $183.78 and a 1 year high of $268.66. The stock has a 50-day simple moving average of $249.27 and a 200-day simple moving average of $242.89.

SPDR Gold Shares 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).