Doliver Advisors LP decreased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 5.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,610 shares of the exchange traded fund’s stock after selling 136 shares during the quarter. Doliver Advisors LP’s holdings in SPDR Gold Shares were worth $632,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC boosted 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 worth $735,169,000 after buying an additional 3,010,682 shares during the period. Envestnet Asset Management Inc. grew its position in shares of SPDR Gold Shares by 2.6% in the second quarter. Envestnet Asset Management Inc. now owns 1,128,933 shares of the exchange traded fund’s stock valued at $242,732,000 after purchasing an additional 28,683 shares during the last quarter. Stifel Financial Corp increased its stake in shares of SPDR Gold Shares by 13.9% during the third quarter. Stifel Financial Corp now owns 822,531 shares of the exchange traded fund’s stock worth $199,924,000 after purchasing an additional 100,149 shares during the period. State Street Corp lifted its holdings in SPDR Gold Shares by 6.6% during the 3rd quarter. State Street Corp now owns 764,315 shares of the exchange traded fund’s stock worth $185,774,000 after purchasing an additional 47,507 shares during the last quarter. Finally, Arizona PSPRS Trust bought a new stake in SPDR Gold Shares in the 2nd quarter valued at $157,187,000. 42.19% of the stock is owned by institutional investors.
SPDR Gold Shares Stock Down 0.1 %
GLD stock traded down $0.34 during trading hours on Monday, hitting $243.15. 2,861,200 shares of the stock were exchanged, compared to its average volume of 4,628,522. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $257.71. The company has a 50-day simple moving average of $244.92 and a two-hundred day simple moving average of $236.30.
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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