Blue Fin Capital Inc. lowered its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 11.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,773 shares of the exchange traded fund’s stock after selling 3,340 shares during the quarter. SPDR Gold Shares comprises 1.6% of Blue Fin Capital Inc.’s holdings, making the stock its 14th largest holding. Blue Fin Capital Inc.’s holdings in SPDR Gold Shares were worth $3,022,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of the stock. Toronto Dominion Bank boosted its position in SPDR Gold Shares by 165.3% during the fourth quarter. Toronto Dominion Bank now owns 135,384,111 shares of the exchange traded fund’s stock valued at $16,415,327,000 after purchasing an additional 84,360,935 shares in the last quarter. Morgan Stanley boosted its holdings in SPDR Gold Shares by 6.3% in the third quarter. Morgan Stanley now owns 5,049,473 shares of the exchange traded fund’s stock worth $569,379,000 after acquiring an additional 297,192 shares in the last quarter. Elephas Investment Management Ltd boosted its holdings in SPDR Gold Shares by 342.5% in the fourth quarter. Elephas Investment Management Ltd now owns 3,427,584 shares of the exchange traded fund’s stock worth $415,595,000 after acquiring an additional 2,652,953 shares in the last quarter. BlackRock Inc. boosted its holdings in SPDR Gold Shares by 88.6% in the fourth quarter. BlackRock Inc. now owns 2,046,924 shares of the exchange traded fund’s stock worth $248,189,000 after acquiring an additional 961,644 shares in the last quarter. Finally, LPL Financial LLC boosted its holdings in SPDR Gold Shares by 9.2% in the fourth quarter. LPL Financial LLC now owns 826,321 shares of the exchange traded fund’s stock worth $100,191,000 after acquiring an additional 69,747 shares in the last quarter.

NYSEARCA GLD traded down $0.51 during trading on Tuesday, hitting $119.86. The company’s stock had a trading volume of 268,200 shares, compared to its average volume of 7,900,844. SPDR Gold Shares has a fifty-two week low of $111.06 and a fifty-two week high of $127.21.

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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).

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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