TD Waterhouse Canada Inc. Sells 13,880 Shares of SPDR Gold Shares (NYSEARCA:GLD)

TD Waterhouse Canada Inc. lowered its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 19.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 56,794 shares of the exchange traded fund’s stock after selling 13,880 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in SPDR Gold Shares were worth $13,750,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Transce3nd LLC purchased a new stake in shares of SPDR Gold Shares in the 4th quarter worth $4,621,000. MML Investors Services LLC increased its position in SPDR Gold Shares by 6.0% in the fourth quarter. MML Investors Services LLC now owns 367,494 shares of the exchange traded fund’s stock worth $88,981,000 after buying an additional 20,931 shares in the last quarter. Natixis raised its stake in shares of SPDR Gold Shares by 107.1% in the fourth quarter. Natixis now owns 14,166 shares of the exchange traded fund’s stock worth $3,430,000 after buying an additional 213,277 shares during the period. BOS Asset Management LLC lifted its position in shares of SPDR Gold Shares by 43.6% during the 4th quarter. BOS Asset Management LLC now owns 6,513 shares of the exchange traded fund’s stock valued at $1,577,000 after buying an additional 1,976 shares in the last quarter. Finally, Elevatus Welath Management bought a new position in shares of SPDR Gold Shares during the 4th quarter valued at approximately $242,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 3.1 %

SPDR Gold Shares stock opened at $315.59 on Tuesday. SPDR Gold Shares has a 12-month low of $210.71 and a 12-month high of $320.15. The firm has a market capitalization of $94.87 billion, a price-to-earnings ratio of -32.58 and a beta of 0.17. The firm has a 50 day moving average of $279.27 and a 200 day moving average of $259.14.

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).