M&T Bank Corp Sells 3,403 Shares of SPDR Gold Shares (NYSEARCA:GLD)

M&T Bank Corp lessened its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 103,987 shares of the exchange traded fund’s stock after selling 3,403 shares during the quarter. M&T Bank Corp’s holdings in SPDR Gold Shares were worth $19,879,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Toronto Dominion Bank raised its stake in shares of SPDR Gold Shares by 14.5% during the 3rd 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 in the last quarter. First Eagle Investment Management LLC grew its position in SPDR Gold Shares by 4.2% during the 3rd quarter. First Eagle Investment Management LLC now owns 3,451,135 shares of the exchange traded fund’s stock worth $599,794,000 after purchasing an additional 137,604 shares during the last quarter. International Assets Investment Management LLC grew its position in SPDR Gold Shares by 19,989.3% during the 4th 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. Mackenzie Financial Corp grew its position in SPDR Gold Shares by 0.6% during the 3rd quarter. Mackenzie Financial Corp now owns 1,637,245 shares of the exchange traded fund’s stock worth $276,956,000 after purchasing an additional 9,005 shares during the last quarter. Finally, Euclidean Capital LLC grew its position in SPDR Gold Shares by 91.4% during the 3rd quarter. Euclidean Capital LLC now owns 1,062,500 shares of the exchange traded fund’s stock worth $182,166,000 after purchasing an additional 507,500 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.1 %

NYSEARCA:GLD traded down $0.17 during trading hours on Friday, hitting $212.96. 8,679,910 shares of the company were exchanged, compared to its average volume of 11,009,346. The company’s 50 day moving average price is $207.17 and its 200-day moving average price is $193.75. SPDR Gold Shares has a 52-week low of $168.30 and a 52-week 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).