SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by ZWJ Investment Counsel Inc.

ZWJ Investment Counsel Inc. lowered its stake in SPDR Gold Shares (NYSEARCA:GLD) by 5.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,570 shares of the exchange traded fund’s stock after selling 90 shares during the period. ZWJ Investment Counsel Inc.’s holdings in SPDR Gold Shares were worth $300,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Compass Ion Advisors LLC grew its holdings in SPDR Gold Shares by 0.7% during the 4th quarter. Compass Ion Advisors LLC now owns 8,313 shares of the exchange traded fund’s stock worth $1,589,000 after acquiring an additional 54 shares in the last quarter. Pensionmark Financial Group LLC grew its holdings in SPDR Gold Shares by 1.1% during the 1st quarter. Pensionmark Financial Group LLC now owns 5,029 shares of the exchange traded fund’s stock worth $921,000 after acquiring an additional 55 shares in the last quarter. Capital Market Strategies LLC lifted its stake in SPDR Gold Shares by 4.6% during the fourth quarter. Capital Market Strategies LLC now owns 1,247 shares of the exchange traded fund’s stock worth $238,000 after purchasing an additional 55 shares during the last quarter. JB Capital LLC boosted its holdings in SPDR Gold Shares by 2.4% in the fourth quarter. JB Capital LLC now owns 2,379 shares of the exchange traded fund’s stock valued at $455,000 after purchasing an additional 55 shares in the last quarter. Finally, IAG Wealth Partners LLC increased its stake in SPDR Gold Shares by 9.5% in the third quarter. IAG Wealth Partners LLC now owns 648 shares of the exchange traded fund’s stock valued at $111,000 after purchasing an additional 56 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.3 %

GLD stock traded up $0.69 during midday trading on Friday, reaching $221.03. 8,688,967 shares of the company were exchanged, compared to its average volume of 10,859,552. SPDR Gold Shares has a 1-year low of $168.30 and a 1-year high of $225.09. The stock’s 50-day simple moving average is $201.56 and its 200 day simple moving average is $190.83.

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).