SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Cypress Capital LLC

Cypress Capital LLC cut its stake in SPDR Gold Shares (NYSEARCA:GLD) by 4.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,680 shares of the exchange traded fund’s stock after selling 70 shares during the period. Cypress Capital LLC’s holdings in SPDR Gold Shares were worth $407,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of GLD. Strategic Financial Concepts LLC boosted its position in shares of SPDR Gold Shares by 24,600.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 608,876 shares of the exchange traded fund’s stock worth $147,427,000 after acquiring an additional 606,411 shares during the last quarter. Diversify Advisory Services LLC lifted its position in SPDR Gold Shares by 446.0% during 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 buying an additional 195,520 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its position in SPDR Gold Shares by 47.5% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock valued at $110,386,000 after buying an additional 146,271 shares in the last quarter. Banco Santander S.A. lifted its position in SPDR Gold Shares by 245.1% during the third quarter. Banco Santander S.A. now owns 160,721 shares of the exchange traded fund’s stock valued at $39,065,000 after buying an additional 114,151 shares in the last quarter. Finally, Stifel Financial Corp lifted its position in 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 valued at $199,924,000 after buying an additional 100,149 shares in the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Down 0.1 %

Shares of GLD stock opened at $270.74 on Friday. SPDR Gold Shares has a fifty-two week low of $187.05 and a fifty-two week high of $271.84. The firm’s 50 day moving average price is $253.00 and its two-hundred day moving average price is $245.15.

SPDR Gold Shares 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).