NBW Capital LLC Cuts Stake in SPDR Gold Shares (NYSEARCA:GLD)

NBW Capital LLC lowered its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 0.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,991 shares of the exchange traded fund’s stock after selling 125 shares during the period. NBW Capital LLC’s holdings in SPDR Gold Shares were worth $4,586,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Toronto Dominion Bank boosted its position 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 acquiring an additional 591,368 shares during the last quarter. First Eagle Investment Management LLC boosted its position in SPDR Gold Shares by 4.2% during the third quarter. First Eagle Investment Management LLC now owns 3,451,135 shares of the exchange traded fund’s stock worth $599,794,000 after acquiring an additional 137,604 shares during the last quarter. Moneta Group Investment Advisors LLC boosted its position 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 acquiring an additional 3,032,521 shares during the last quarter. International Assets Investment Management LLC boosted its position 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 acquiring an additional 2,424,904 shares during the last quarter. Finally, Mackenzie Financial Corp boosted its position in SPDR Gold Shares by 0.6% during the third quarter. Mackenzie Financial Corp now owns 1,637,245 shares of the exchange traded fund’s stock worth $276,956,000 after acquiring an additional 9,005 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

NYSEARCA:GLD traded up $0.93 on Thursday, hitting $220.52. The stock had a trading volume of 4,753,615 shares, compared to its average volume of 7,855,155. The company has a fifty day moving average price of $200.25 and a two-hundred day moving average price of $190.27. SPDR Gold Shares has a 1-year low of $168.30 and a 1-year high of $225.09.

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).