SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Thomist Capital Management LP

Thomist Capital Management LP cut its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 52.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 26,374 shares of the exchange traded fund’s stock after selling 29,100 shares during the quarter. SPDR Gold Shares makes up approximately 1.5% of Thomist Capital Management LP’s portfolio, making the stock its 17th biggest position. Thomist Capital Management LP’s holdings in SPDR Gold Shares were worth $6,346,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Clarus Group Inc. boosted its holdings in SPDR Gold Shares by 2.2% in the fourth quarter. Clarus Group Inc. now owns 1,825 shares of the exchange traded fund’s stock valued at $442,000 after purchasing an additional 40 shares in the last quarter. Kellett Wealth Advisors LLC boosted its holdings in SPDR Gold Shares by 3.6% in the fourth quarter. Kellett Wealth Advisors LLC now owns 1,160 shares of the exchange traded fund’s stock valued at $281,000 after purchasing an additional 40 shares in the last quarter. Wealth Advisors of Iowa LLC boosted its holdings in SPDR Gold Shares by 3.9% in the fourth quarter. Wealth Advisors of Iowa LLC now owns 1,070 shares of the exchange traded fund’s stock valued at $259,000 after purchasing an additional 40 shares in the last quarter. Magnus Financial Group LLC boosted its holdings in SPDR Gold Shares by 0.6% in the fourth quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock valued at $1,780,000 after purchasing an additional 41 shares in the last quarter. Finally, Pittenger & Anderson Inc. boosted its holdings in SPDR Gold Shares by 25.9% in the fourth quarter. Pittenger & Anderson Inc. now owns 199 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 41 shares in the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Down 1.2%

Shares of GLD opened at $294.24 on Friday. The stock has a 50 day moving average price of $292.63 and a 200 day moving average price of $266.28. The company has a market capitalization of $88.45 billion, a price-to-earnings ratio of -32.43 and a beta of 0.12. SPDR Gold Shares has a 52-week low of $211.54 and a 52-week high of $317.63.

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).