Brighton Jones LLC Cuts Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Brighton Jones LLC reduced its position in SPDR Gold Shares (NYSEARCA:GLD) by 2.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,505 shares of the exchange traded fund’s stock after selling 254 shares during the quarter. Brighton Jones LLC’s holdings in SPDR Gold Shares were worth $2,008,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. First Personal Financial Services purchased a new position in SPDR Gold Shares in the fourth quarter worth $25,000. Private Ocean LLC grew its holdings in SPDR Gold Shares by 232.7% in the fourth quarter. Private Ocean LLC now owns 163 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 114 shares during the last quarter. Naples Money Management LLC purchased a new stake in shares of SPDR Gold Shares during the fourth quarter valued at $31,000. GAMMA Investing LLC purchased a new stake in shares of SPDR Gold Shares during the fourth quarter valued at $33,000. Finally, Johnson Midwest Financial LLC grew its holdings in shares of SPDR Gold Shares by 350.0% during the third quarter. Johnson Midwest Financial LLC now owns 180 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 140 shares during the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

Shares of GLD opened at $212.69 on Wednesday. The company’s fifty day moving average price is $205.64 and its 200-day moving average price is $193.22. SPDR Gold Shares has a 1-year low of $168.30 and a 1-year high of $225.09.

SPDR Gold Shares Profile

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).