SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Charter Research & Investment Group Inc.

Charter Research & Investment Group Inc. reduced its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,016 shares of the exchange traded fund’s stock after selling 267 shares during the period. SPDR Gold Shares accounts for about 2.0% of Charter Research & Investment Group Inc.’s portfolio, making the stock its 16th largest holding. Charter Research & Investment Group Inc.’s holdings in SPDR Gold Shares were worth $2,667,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in GLD. Rock Creek Group LP boosted its position in shares of SPDR Gold Shares by 2.7% during the 4th quarter. Rock Creek Group LP now owns 229,865 shares of the exchange traded fund’s stock valued at $55,657,000 after acquiring an additional 6,019 shares during the last quarter. Tucker Asset Management LLC boosted its holdings in SPDR Gold Shares by 12.9% in the 4th quarter. Tucker Asset Management LLC now owns 2,563 shares of the exchange traded fund’s stock valued at $621,000 after purchasing an additional 292 shares during the last quarter. Maridea Wealth Management LLC acquired a new stake in shares of SPDR Gold Shares during the 4th quarter worth approximately $5,665,000. Level Four Advisory Services LLC raised its position in shares of SPDR Gold Shares by 1.3% during the 4th quarter. Level Four Advisory Services LLC now owns 55,707 shares of the exchange traded fund’s stock valued at $13,489,000 after buying an additional 708 shares during the period. Finally, Vertex Planning Partners LLC lifted its holdings in SPDR Gold Shares by 8.6% in the fourth quarter. Vertex Planning Partners LLC now owns 2,797 shares of the exchange traded fund’s stock valued at $677,000 after acquiring an additional 222 shares during the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

Shares of SPDR Gold Shares stock opened at $284.06 on Friday. The stock has a 50 day moving average of $267.64 and a 200 day moving average of $252.90. The firm has a market capitalization of $85.39 billion, a price-to-earnings ratio of -29.30 and a beta of 0.20. SPDR Gold Shares has a fifty-two week low of $206.29 and a fifty-two week high of $284.64.

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).