SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Flagship Harbor Advisors LLC

Flagship Harbor Advisors LLC reduced its position in SPDR Gold Shares (NYSEARCA:GLD) by 16.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 17,065 shares of the exchange traded fund’s stock after selling 3,388 shares during the quarter. Flagship Harbor Advisors LLC’s holdings in SPDR Gold Shares were worth $4,132,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. International Assets Investment Management LLC grew its stake 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 worth $735,169,000 after purchasing an additional 3,010,682 shares during the period. Stifel Financial Corp grew its stake in shares of SPDR Gold Shares by 13.9% during the 3rd quarter. Stifel Financial Corp now owns 822,531 shares of the exchange traded fund’s stock worth $199,924,000 after purchasing an additional 100,149 shares during the period. State Street Corp grew its stake in shares of SPDR Gold Shares by 6.6% during the 3rd quarter. State Street Corp now owns 764,315 shares of the exchange traded fund’s stock worth $185,774,000 after purchasing an additional 47,507 shares during the period. US Bancorp DE grew its stake in shares of SPDR Gold Shares by 0.5% during the 3rd quarter. US Bancorp DE now owns 691,648 shares of the exchange traded fund’s stock worth $168,112,000 after purchasing an additional 3,614 shares during the period. Finally, Rockefeller Capital Management L.P. grew its stake in shares of SPDR Gold Shares by 4.9% during 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 purchasing an additional 30,952 shares during the period. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Up 0.6 %

SPDR Gold Shares stock opened at $255.65 on Friday. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $257.71. The firm’s 50-day simple moving average is $245.31 and its 200 day simple moving average is $239.43.

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).