Wedgewood Investors Inc. PA Sells 100 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Wedgewood Investors Inc. PA cut its holdings in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 2.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,650 shares of the exchange traded fund’s stock after selling 100 shares during the quarter. SPDR Gold Shares makes up approximately 1.1% of Wedgewood Investors Inc. PA’s holdings, making the stock its 27th largest holding. Wedgewood Investors Inc. PA’s holdings in SPDR Gold Shares were worth $889,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. International Assets Investment Management LLC increased its stake in shares of SPDR Gold Shares by 19,989.3% in the 4th quarter. International Assets Investment Management LLC now owns 2,437,035 shares of the exchange traded fund’s stock worth $465,888,000 after acquiring an additional 2,424,904 shares in the last quarter. Toronto Dominion Bank grew its stake in shares of SPDR Gold Shares by 14.5% in the 3rd quarter. Toronto Dominion Bank now owns 4,660,292 shares of the exchange traded fund’s stock worth $799,007,000 after buying an additional 591,368 shares during the last quarter. Euclidean Capital LLC increased its position in SPDR Gold Shares by 91.4% during the 3rd quarter. Euclidean Capital LLC now owns 1,062,500 shares of the exchange traded fund’s stock valued at $182,166,000 after buying an additional 507,500 shares in the last quarter. Dagco Inc. raised its stake in SPDR Gold Shares by 24,465.7% during the third quarter. Dagco Inc. now owns 388,138 shares of the exchange traded fund’s stock valued at $66,546,000 after buying an additional 386,558 shares during the last quarter. Finally, Bailard Inc. boosted its holdings in SPDR Gold Shares by 5,040.4% in the fourth quarter. Bailard Inc. now owns 349,291 shares of the exchange traded fund’s stock worth $66,774,000 after acquiring an additional 342,496 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of NYSEARCA:GLD traded up $1.70 on Wednesday, hitting $213.57. 2,506,757 shares of the company traded hands, compared to its average volume of 7,886,686. The stock has a 50 day simple moving average of $205.64 and a 200-day simple moving average of $193.22. SPDR Gold Shares has a 52 week low of $168.30 and a 52 week high of $225.09.

SPDR Gold Shares Company Profile

(Free Report)

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).

Further Reading

Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.