SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Fmr LLC

Fmr LLC cut its position in SPDR Gold Shares (NYSEARCA:GLD) by 11.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 10,746 shares of the exchange traded fund’s stock after selling 1,404 shares during the period. Fmr LLC’s holdings in SPDR Gold Shares were worth $2,612,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Obermeyer Wood Investment Counsel Lllp raised its position in shares of SPDR Gold Shares by 4.4% in the second quarter. Obermeyer Wood Investment Counsel Lllp now owns 11,645 shares of the exchange traded fund’s stock worth $2,504,000 after acquiring an additional 490 shares during the period. RDA Financial Network boosted its position in SPDR Gold Shares by 1.8% during the third quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock worth $1,231,000 after purchasing an additional 88 shares in the last quarter. Oxler Private Wealth LLC grew its holdings in SPDR Gold Shares by 48.9% in the second quarter. Oxler Private Wealth LLC now owns 24,438 shares of the exchange traded fund’s stock valued at $5,254,000 after purchasing an additional 8,021 shares during the period. Blue Fin Capital Inc. increased its position in shares of SPDR Gold Shares by 1.1% in the second quarter. Blue Fin Capital Inc. now owns 37,225 shares of the exchange traded fund’s stock valued at $8,004,000 after buying an additional 388 shares in the last quarter. Finally, Centaurus Financial Inc. raised its stake in shares of SPDR Gold Shares by 10.1% during the 2nd quarter. Centaurus Financial Inc. now owns 39,597 shares of the exchange traded fund’s stock worth $8,514,000 after buying an additional 3,630 shares during the period. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

GLD opened at $244.29 on Friday. SPDR Gold Shares has a twelve month low of $183.78 and a twelve month high of $257.71. The company has a 50-day moving average price of $246.60 and a 200 day moving average price of $233.35.

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).