Patten & Patten Inc. TN Has $821,000 Position in SPDR Gold Shares (NYSEARCA:GLD)

Patten & Patten Inc. TN reduced its stake in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 14.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,296 shares of the exchange traded fund’s stock after selling 749 shares during the period. Patten & Patten Inc. TN’s holdings in SPDR Gold Shares were worth $821,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Toronto Dominion Bank increased its holdings in shares of SPDR Gold Shares by 14.5% in the third quarter. Toronto Dominion Bank now owns 4,660,292 shares of the exchange traded fund’s stock valued at $799,007,000 after purchasing an additional 591,368 shares during the last quarter. First Eagle Investment Management LLC grew its stake in shares of SPDR Gold Shares by 4.2% in the third quarter. First Eagle Investment Management LLC now owns 3,451,135 shares of the exchange traded fund’s stock valued at $599,794,000 after acquiring an additional 137,604 shares in the last quarter. Moneta Group Investment Advisors LLC grew its stake in shares of SPDR Gold Shares by 67,584.6% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 3,037,008 shares of the exchange traded fund’s stock valued at $515,198,000 after acquiring an additional 3,032,521 shares in the last quarter. Mackenzie Financial Corp grew its stake in shares of SPDR Gold Shares by 0.6% in the third quarter. Mackenzie Financial Corp now owns 1,637,245 shares of the exchange traded fund’s stock valued at $276,956,000 after acquiring an additional 9,005 shares in the last quarter. Finally, State Street Corp grew its stake in shares of SPDR Gold Shares by 256.0% in the first quarter. State Street Corp now owns 1,142,717 shares of the exchange traded fund’s stock valued at $206,432,000 after acquiring an additional 821,773 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Up 1.5 %

GLD opened at $210.86 on Wednesday. SPDR Gold Shares has a twelve month low of $168.30 and a twelve month high of $211.03. The company has a 50-day simple moving average of $193.44 and a 200 day simple moving average of $187.01.

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).

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

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