Lodestar Private Asset Management LLC Cuts Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Lodestar Private Asset Management LLC reduced its position in SPDR Gold Shares (NYSEARCA:GLD) by 1.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,051 shares of the exchange traded fund’s stock after selling 202 shares during the period. Lodestar Private Asset Management LLC’s holdings in SPDR Gold Shares were worth $3,644,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. International Assets Investment Management LLC boosted its position in shares of SPDR Gold Shares by 21,571.1% during the 3rd 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 acquiring an additional 3,010,682 shares during the last quarter. 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 purchasing an additional 100,149 shares during the last quarter. State Street Corp lifted its position in SPDR Gold Shares by 6.6% during the third quarter. State Street Corp now owns 764,315 shares of the exchange traded fund’s stock valued at $185,774,000 after purchasing an additional 47,507 shares during the last quarter. US Bancorp DE grew its stake in shares of SPDR Gold Shares by 0.5% in the 3rd quarter. US Bancorp DE now owns 691,648 shares of the exchange traded fund’s stock worth $168,112,000 after buying an additional 3,614 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its holdings in shares of SPDR Gold Shares by 4.9% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 665,498 shares of the exchange traded fund’s stock worth $161,670,000 after buying an additional 30,952 shares during the last quarter. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Down 0.3 %

Shares of NYSEARCA:GLD opened at $263.43 on Friday. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $265.99. The company has a 50-day moving average price of $247.54 and a 200 day moving average price of $241.49.

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).