Nwam LLC Trims Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Nwam LLC lessened its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 41,969 shares of the exchange traded fund’s stock after selling 782 shares during the period. Nwam LLC’s holdings in SPDR Gold Shares were worth $10,162,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. Stifel Financial Corp lifted its holdings in 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 buying an additional 100,149 shares during the last quarter. State Street Corp lifted its holdings in 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 buying an additional 47,507 shares during the last quarter. US Bancorp DE lifted its holdings in 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 buying an additional 3,614 shares during the last quarter. Rockefeller Capital Management L.P. lifted its holdings in 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 buying an additional 30,952 shares during the last quarter. Finally, Strategic Financial Concepts LLC lifted its holdings in SPDR Gold Shares by 24,600.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 608,876 shares of the exchange traded fund’s stock worth $147,427,000 after buying an additional 606,411 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.2 %

Shares of SPDR Gold Shares stock opened at $269.03 on Thursday. The business’s 50 day simple moving average is $254.64 and its 200-day simple moving average is $246.31. The stock has a market capitalization of $80.87 billion, a price-to-earnings ratio of -28.59 and a beta of 0.20. SPDR Gold Shares has a twelve month low of $187.88 and a twelve month high of $272.32.

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).