OVERSEA CHINESE BANKING Corp Ltd Sells 1,755 Shares of SPDR Gold Shares (NYSEARCA:GLD)

OVERSEA CHINESE BANKING Corp Ltd decreased its position in SPDR Gold Shares (NYSEARCA:GLD) by 5.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,002 shares of the exchange traded fund’s stock after selling 1,755 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in SPDR Gold Shares were worth $7,778,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in GLD. Cozad Asset Management Inc. increased its position in shares of SPDR Gold Shares by 5.5% during the 1st quarter. Cozad Asset Management Inc. now owns 3,749 shares of the exchange traded fund’s stock valued at $771,000 after purchasing an additional 195 shares during the last quarter. Koshinski Asset Management Inc. increased its position in shares of SPDR Gold Shares by 54.5% during the 1st quarter. Koshinski Asset Management Inc. now owns 22,261 shares of the exchange traded fund’s stock valued at $4,580,000 after purchasing an additional 7,857 shares during the last quarter. Angeles Wealth Management LLC boosted its holdings in SPDR Gold Shares by 27.3% during the 1st quarter. Angeles Wealth Management LLC now owns 1,770 shares of the exchange traded fund’s stock valued at $364,000 after acquiring an additional 380 shares during the period. Tradewinds LLC. purchased a new position in SPDR Gold Shares during the 1st quarter valued at $368,000. Finally, Fortis Capital Advisors LLC boosted its holdings in SPDR Gold Shares by 29.2% during the 1st quarter. Fortis Capital Advisors LLC now owns 3,434 shares of the exchange traded fund’s stock valued at $706,000 after acquiring an additional 776 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

GLD opened at $242.14 on Tuesday. The business has a fifty day moving average of $244.18 and a 200 day moving average of $228.80. SPDR Gold Shares has a 52-week low of $179.11 and a 52-week high of $257.71.

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).