SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Latitude Advisors LLC

Latitude Advisors LLC cut its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 6.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,801 shares of the exchange traded fund’s stock after selling 717 shares during the quarter. SPDR Gold Shares makes up approximately 1.5% of Latitude Advisors LLC’s portfolio, making the stock its 11th biggest position. Latitude Advisors LLC’s holdings in SPDR Gold Shares were worth $2,065,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in GLD. Moneta Group Investment Advisors LLC lifted its stake in SPDR Gold Shares by 67,584.6% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 3,037,008 shares of the exchange traded fund’s stock worth $515,198,000 after purchasing an additional 3,032,521 shares during the last quarter. International Assets Investment Management LLC lifted its stake in SPDR Gold Shares by 19,989.3% during the fourth quarter. International Assets Investment Management LLC now owns 2,437,035 shares of the exchange traded fund’s stock worth $465,888,000 after purchasing an additional 2,424,904 shares during the last quarter. State Street Corp lifted its stake in SPDR Gold Shares by 256.0% during the first quarter. State Street Corp now owns 1,142,717 shares of the exchange traded fund’s stock worth $206,432,000 after purchasing an additional 821,773 shares during the last quarter. Toronto Dominion Bank lifted its stake in SPDR Gold Shares by 14.5% during the third quarter. Toronto Dominion Bank now owns 4,660,292 shares of the exchange traded fund’s stock worth $799,007,000 after purchasing an additional 591,368 shares during the last quarter. Finally, Virtu Financial LLC purchased a new stake in SPDR Gold Shares in the first quarter valued at approximately $100,880,000. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

NYSEARCA GLD traded down $0.26 on Wednesday, reaching $220.96. The stock had a trading volume of 1,569,899 shares, compared to its average volume of 7,757,690. SPDR Gold Shares has a 12-month low of $168.30 and a 12-month high of $225.09. The business’s 50-day moving average price is $199.63 and its 200 day moving average price is $190.06.

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).