SPDR Gold Shares $GLD is Moody Lynn & Lieberson LLC’s 6th Largest Position

Moody Lynn & Lieberson LLC cut its position in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 3.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 189,480 shares of the exchange traded fund’s stock after selling 6,051 shares during the period. SPDR Gold Shares makes up 3.6% of Moody Lynn & Lieberson LLC’s holdings, making the stock its 6th biggest holding. Moody Lynn & Lieberson LLC owned 0.05% of SPDR Gold Shares worth $67,354,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in GLD. Brighton Jones LLC increased its stake in SPDR Gold Shares by 20.4% during the fourth quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock worth $2,723,000 after acquiring an additional 1,903 shares during the last quarter. Bison Wealth LLC increased its position in shares of SPDR Gold Shares by 77.8% during the 4th quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock worth $1,438,000 after purchasing an additional 2,600 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings in SPDR Gold Shares by 86.5% in the 1st quarter. The Manufacturers Life Insurance Company now owns 75,465 shares of the exchange traded fund’s stock valued at $21,744,000 after buying an additional 35,010 shares during the period. Vident Advisory LLC acquired a new position in SPDR Gold Shares in the first quarter valued at about $279,000. Finally, First Manhattan CO. LLC. boosted its stake in SPDR Gold Shares by 1.7% during the first quarter. First Manhattan CO. LLC. now owns 33,850 shares of the exchange traded fund’s stock worth $9,754,000 after buying an additional 550 shares during the period. Hedge funds and other institutional investors own 42.19% of the company’s stock.

Key SPDR Gold Shares News

Here are the key news stories impacting SPDR Gold Shares this week:

SPDR Gold Shares Price Performance

Shares of GLD opened at $398.89 on Wednesday. The firm has a 50-day simple moving average of $384.45 and a two-hundred day simple moving average of $346.85. The stock has a market cap of $144.36 billion, a PE ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 1-year low of $241.05 and a 1-year high of $418.45.

SPDR Gold Shares Profile

(Free Report)

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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

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

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