Nvwm LLC Sells 5,693 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Nvwm LLC trimmed its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 19.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,187 shares of the exchange traded fund’s stock after selling 5,693 shares during the period. SPDR Gold Shares makes up 1.5% of Nvwm LLC’s investment portfolio, making the stock its 12th biggest holding. Nvwm LLC’s holdings in SPDR Gold Shares were worth $5,879,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. International Assets Investment Management LLC raised its stake 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 during the period. Toronto Dominion Bank lifted its holdings in shares of SPDR Gold Shares by 23.6% in the first quarter. Toronto Dominion Bank now owns 5,649,510 shares of the exchange traded fund’s stock worth $1,162,217,000 after buying an additional 1,079,452 shares in the last quarter. Arizona PSPRS Trust purchased a new stake in shares of SPDR Gold Shares in the second quarter worth about $157,187,000. Cetera Investment Advisers boosted its position in shares of SPDR Gold Shares by 461.0% in the first quarter. Cetera Investment Advisers now owns 702,415 shares of the exchange traded fund’s stock valued at $144,501,000 after acquiring an additional 577,210 shares during the period. Finally, Strategic Financial Concepts LLC grew its stake in SPDR Gold Shares by 9,654.6% during the second quarter. Strategic Financial Concepts LLC now owns 550,450 shares of the exchange traded fund’s stock valued at $1,184,000 after acquiring an additional 544,807 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock traded down $1.04 during midday trading on Friday, reaching $252.47. 6,473,012 shares of the stock were exchanged, compared to its average volume of 6,144,139. The company’s fifty day moving average is $242.43 and its 200-day moving average is $227.60. SPDR Gold Shares has a 52 week low of $179.11 and a 52 week 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).