Mainstay Capital Management LLC ADV decreased its position in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 3.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 5,064 shares of the exchange traded fund’s stock after selling 197 shares during the period. Mainstay Capital Management LLC ADV’s holdings in SPDR Gold Shares were worth $1,226,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of SPDR Gold Shares by 9.9% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 59,520 shares of the exchange traded fund’s stock valued at $14,584,000 after acquiring an additional 5,360 shares in the last quarter. Modera Wealth Management LLC lifted its position in shares of SPDR Gold Shares by 8.3% in the third quarter. Modera Wealth Management LLC now owns 15,470 shares of the exchange traded fund’s stock valued at $3,760,000 after acquiring an additional 1,190 shares in the last quarter. Clear Harbor Asset Management LLC lifted its position in shares of SPDR Gold Shares by 0.8% in the third quarter. Clear Harbor Asset Management LLC now owns 6,702 shares of the exchange traded fund’s stock valued at $1,629,000 after acquiring an additional 50 shares in the last quarter. Manchester Financial Inc. lifted its position in shares of SPDR Gold Shares by 4.3% in the third quarter. Manchester Financial Inc. now owns 2,267 shares of the exchange traded fund’s stock valued at $551,000 after acquiring an additional 93 shares in the last quarter. Finally, Pullen Investment Management LLC lifted its position in shares of SPDR Gold Shares by 1.0% in the third quarter. Pullen Investment Management LLC now owns 6,843 shares of the exchange traded fund’s stock valued at $1,663,000 after acquiring an additional 66 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.
SPDR Gold Shares Trading Down 0.1 %
NYSEARCA GLD opened at $270.74 on Monday. The business’s 50-day moving average price is $253.00 and its 200 day moving average price is $245.50. SPDR Gold Shares has a twelve month low of $187.05 and a twelve month high of $271.84.
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).
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