SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Mitchell Mcleod Pugh & Williams Inc.

Mitchell Mcleod Pugh & Williams Inc. lowered its position in SPDR Gold Shares (NYSEARCA:GLD) by 22.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,589 shares of the exchange traded fund’s stock after selling 743 shares during the period. Mitchell Mcleod Pugh & Williams Inc.’s holdings in SPDR Gold Shares were worth $495,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of GLD. First Personal Financial Services acquired a new stake in shares of SPDR Gold Shares in the fourth quarter valued at about $25,000. Private Ocean LLC boosted its holdings in SPDR Gold Shares by 232.7% in the 4th quarter. Private Ocean LLC now owns 163 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 114 shares during the last quarter. Naples Money Management LLC purchased a new stake in SPDR Gold Shares during the 4th quarter worth approximately $31,000. GAMMA Investing LLC acquired a new position in shares of SPDR Gold Shares during the fourth quarter valued at approximately $33,000. Finally, Johnson Midwest Financial LLC lifted its position in shares of SPDR Gold Shares by 350.0% in the third quarter. Johnson Midwest Financial LLC now owns 180 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 140 shares in the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Down 0.2 %

Shares of GLD opened at $216.18 on Tuesday. The stock has a 50 day moving average price of $205.15 and a 200 day moving average price of $192.99. SPDR Gold Shares has a one year low of $168.30 and a one year high of $225.09.

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).