SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Stephens Inc. AR

Stephens Inc. AR decreased its stake in SPDR Gold Shares (NYSEARCA:GLD) by 1.4% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 37,324 shares of the exchange traded fund’s stock after selling 524 shares during the quarter. Stephens Inc. AR’s holdings in SPDR Gold Shares were worth $9,037,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. International Assets Investment Management LLC boosted its holdings in SPDR Gold Shares by 21,571.1% in the 3rd quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock worth $735,169,000 after acquiring an additional 3,010,682 shares during the period. Strategic Financial Concepts LLC lifted its position in shares of SPDR Gold Shares by 24,600.9% during the fourth 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 in the last quarter. Diversify Advisory Services LLC boosted its stake in shares of SPDR Gold Shares by 446.0% in the fourth quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock valued at $59,410,000 after purchasing an additional 195,520 shares during the period. Sumitomo Mitsui Trust Group Inc. grew its holdings in SPDR Gold Shares by 47.5% during 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 in the last quarter. Finally, Banco Santander S.A. increased its stake in SPDR Gold Shares by 245.1% during the 3rd quarter. Banco Santander S.A. now owns 160,721 shares of the exchange traded fund’s stock worth $39,065,000 after buying an additional 114,151 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.2 %

Shares of GLD stock opened at $263.90 on Monday. The company’s fifty day moving average price is $248.30 and its two-hundred day moving average price is $242.07. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $266.35.

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).