SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. reduced its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 10.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,331 shares of the exchange traded fund’s stock after selling 2,234 shares during the period. Koshinski Asset Management Inc.’s holdings in SPDR Gold Shares were worth $4,438,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of GLD. International Assets Investment Management LLC grew its position in SPDR Gold Shares by 21,571.1% during the third quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock valued at $735,169,000 after acquiring an additional 3,010,682 shares during the period. Stifel Financial Corp lifted its stake in shares of SPDR Gold Shares by 13.9% in the 3rd quarter. Stifel Financial Corp now owns 822,531 shares of the exchange traded fund’s stock valued at $199,924,000 after purchasing an additional 100,149 shares in the last quarter. State Street Corp grew its holdings in shares of SPDR Gold Shares by 6.6% during the 3rd quarter. State Street Corp now owns 764,315 shares of the exchange traded fund’s stock worth $185,774,000 after purchasing an additional 47,507 shares during the period. US Bancorp DE increased its position in SPDR Gold Shares by 0.5% during the 3rd quarter. US Bancorp DE now owns 691,648 shares of the exchange traded fund’s stock worth $168,112,000 after purchasing an additional 3,614 shares in the last quarter. Finally, Rockefeller Capital Management L.P. raised its holdings in SPDR Gold Shares by 4.9% in the third quarter. Rockefeller Capital Management L.P. now owns 665,498 shares of the exchange traded fund’s stock valued at $161,670,000 after buying an additional 30,952 shares during the period. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Down 0.5 %

Shares of GLD stock opened at $249.27 on Tuesday. SPDR Gold Shares has a fifty-two week low of $183.78 and a fifty-two week high of $257.71. The firm’s 50 day moving average price is $243.85 and its two-hundred day moving average price is $238.51.

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).