SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by NBW Capital LLC

NBW Capital LLC lessened its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 1.2% during the second quarter, Holdings Channel.com reports. The firm owned 24,497 shares of the exchange traded fund’s stock after selling 301 shares during the quarter. NBW Capital LLC’s holdings in SPDR Gold Shares were worth $5,267,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. TKG Advisors LLC boosted its holdings in SPDR Gold Shares by 0.7% during the fourth quarter. TKG Advisors LLC now owns 15,224 shares of the exchange traded fund’s stock worth $2,910,000 after buying an additional 110 shares in the last quarter. City Holding Co. increased its holdings in SPDR Gold Shares by 5.6% in the first quarter. City Holding Co. now owns 3,708 shares of the exchange traded fund’s stock valued at $763,000 after buying an additional 195 shares in the last quarter. St. Johns Investment Management Company LLC lifted its position in shares of SPDR Gold Shares by 5.7% during the 1st quarter. St. Johns Investment Management Company LLC now owns 27,729 shares of the exchange traded fund’s stock valued at $5,704,000 after acquiring an additional 1,492 shares during the period. Bradley Foster & Sargent Inc. CT boosted its stake in shares of SPDR Gold Shares by 0.8% during the 4th quarter. Bradley Foster & Sargent Inc. CT now owns 297,779 shares of the exchange traded fund’s stock worth $56,926,000 after acquiring an additional 2,335 shares in the last quarter. Finally, Traynor Capital Management Inc. grew its holdings in shares of SPDR Gold Shares by 19.9% in the 1st quarter. Traynor Capital Management Inc. now owns 1,720 shares of the exchange traded fund’s stock worth $354,000 after acquiring an additional 285 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.4 %

NYSEARCA GLD opened at $246.07 on Wednesday. The business has a 50 day moving average price of $229.64 and a 200 day moving average price of $219.77. SPDR Gold Shares has a 1-year low of $168.30 and a 1-year high of $246.19.

About SPDR Gold Shares

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).