Partners Capital Investment Group LLP Has $2.98 Million Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Partners Capital Investment Group LLP lessened its stake in SPDR Gold Shares (NYSEARCA:GLD) by 50.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 12,310 shares of the exchange traded fund’s stock after selling 12,310 shares during the quarter. Partners Capital Investment Group LLP’s holdings in SPDR Gold Shares were worth $2,981,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Richard W. Paul & Associates LLC lifted its holdings in SPDR Gold Shares by 24.9% during the 3rd quarter. Richard W. Paul & Associates LLC now owns 516 shares of the exchange traded fund’s stock valued at $125,000 after purchasing an additional 103 shares during the last quarter. Bartlett & CO. Wealth Management LLC lifted its holdings in SPDR Gold Shares by 2.0% during the 3rd quarter. Bartlett & CO. Wealth Management LLC now owns 3,915 shares of the exchange traded fund’s stock valued at $952,000 after purchasing an additional 75 shares during the last quarter. Embree Financial Group lifted its holdings in SPDR Gold Shares by 9.7% during the 3rd quarter. Embree Financial Group now owns 4,007 shares of the exchange traded fund’s stock valued at $974,000 after purchasing an additional 355 shares during the last quarter. E&G Advisors LP lifted its holdings in SPDR Gold Shares by 17.5% during the 3rd quarter. E&G Advisors LP now owns 22,960 shares of the exchange traded fund’s stock valued at $5,578,000 after purchasing an additional 3,420 shares during the last quarter. Finally, Cadent Capital Advisors LLC lifted its holdings in SPDR Gold Shares by 13.8% during the 3rd quarter. Cadent Capital Advisors LLC now owns 5,924 shares of the exchange traded fund’s stock valued at $1,440,000 after purchasing an additional 719 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 1.5 %

Shares of SPDR Gold Shares stock opened at $266.29 on Monday. The business has a fifty day simple moving average of $250.74 and a two-hundred day simple moving average of $243.72. SPDR Gold Shares has a 1 year low of $184.84 and a 1 year high of $270.39.

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).