Macroview Investment Management LLC cut its holdings in SPDR Gold Shares (NYSEARCA:GLD – Get Rating) by 0.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,939 shares of the exchange traded fund’s stock after selling 131 shares during the quarter. SPDR Gold Shares makes up approximately 4.3% of Macroview Investment Management LLC’s portfolio, making the stock its 4th largest holding. Macroview Investment Management LLC’s holdings in SPDR Gold Shares were worth $2,534,000 as of its most recent SEC filing.
A number of other hedge funds have also modified their holdings of the business. Toronto Dominion Bank raised its stake in SPDR Gold Shares by 83.0% in the 3rd quarter. Toronto Dominion Bank now owns 3,095,139 shares of the exchange traded fund’s stock valued at $478,711,000 after purchasing an additional 1,403,492 shares during the last quarter. LPL Financial LLC boosted its position in SPDR Gold Shares by 3.9% during the second quarter. LPL Financial LLC now owns 2,772,716 shares of the exchange traded fund’s stock worth $467,092,000 after acquiring an additional 105,155 shares during the last quarter. JPMorgan Chase & Co. grew its stake in SPDR Gold Shares by 80.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,410,116 shares of the exchange traded fund’s stock worth $237,547,000 after acquiring an additional 628,188 shares during the period. State Street Corp grew its stake in SPDR Gold Shares by 256.0% in the 1st quarter. State Street Corp now owns 1,142,717 shares of the exchange traded fund’s stock worth $206,432,000 after acquiring an additional 821,773 shares during the period. Finally, Wellington Management Group LLP raised its holdings in SPDR Gold Shares by 134.7% in the 1st quarter. Wellington Management Group LLP now owns 934,636 shares of the exchange traded fund’s stock valued at $168,842,000 after acquiring an additional 536,327 shares during the last quarter. 37.94% of the stock is owned by hedge funds and other institutional investors.
SPDR Gold Shares Stock Performance
GLD stock opened at $183.77 on Friday. SPDR Gold Shares has a 52-week low of $150.57 and a 52-week high of $186.10. The stock’s fifty day simple moving average is $174.78 and its 200-day simple moving average is $165.58.
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).
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