Caitlin John LLC Has $2.06 Million Stake in SPDR Gold Shares (NYSEARCA:GLD)

Caitlin John LLC cut its position in SPDR Gold Shares (NYSEARCA:GLD) by 14.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 8,508 shares of the exchange traded fund’s stock after selling 1,405 shares during the quarter. SPDR Gold Shares comprises 1.4% of Caitlin John LLC’s portfolio, making the stock its 16th biggest holding. Caitlin John LLC’s holdings in SPDR Gold Shares were worth $2,060,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in GLD. International Assets Investment Management LLC boosted its stake in SPDR Gold Shares by 21,571.1% during the third 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 buying an additional 3,010,682 shares during the period. Diversify Advisory Services LLC increased its position in shares of SPDR Gold Shares by 446.0% in the fourth quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock worth $59,410,000 after purchasing an additional 195,520 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its position in shares of SPDR Gold Shares by 47.5% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock worth $110,386,000 after purchasing an additional 146,271 shares during the last quarter. Banco Santander S.A. raised its stake in SPDR Gold Shares by 245.1% in 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 purchasing an additional 114,151 shares in the last quarter. Finally, JTC Employer Solutions Trustee Ltd lifted its position in SPDR Gold Shares by 1,565.3% during the third quarter. JTC Employer Solutions Trustee Ltd now owns 115,106 shares of the exchange traded fund’s stock valued at $27,979,000 after purchasing an additional 108,194 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of NYSEARCA:GLD opened at $264.13 on Thursday. The company’s fifty day moving average price is $247.12 and its 200-day moving average price is $241.33. SPDR Gold Shares has a one year low of $183.78 and a one year high of $265.99.

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).