SPDR Gold Shares $GLD Shares Sold by CENTRAL TRUST Co

CENTRAL TRUST Co cut its stake in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 4.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 70,836 shares of the exchange traded fund’s stock after selling 2,929 shares during the period. CENTRAL TRUST Co’s holdings in SPDR Gold Shares were worth $28,073,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. AlphaStar Capital Management LLC grew its holdings in shares of SPDR Gold Shares by 18.8% in the fourth quarter. AlphaStar Capital Management LLC now owns 10,878 shares of the exchange traded fund’s stock valued at $4,311,000 after purchasing an additional 1,722 shares in the last quarter. Grantvest Financial Group LLC grew its holdings in shares of SPDR Gold Shares by 3.0% in the fourth quarter. Grantvest Financial Group LLC now owns 1,740 shares of the exchange traded fund’s stock valued at $690,000 after purchasing an additional 51 shares in the last quarter. Legacy Edge Advisors LLC acquired a new position in shares of SPDR Gold Shares in the fourth quarter valued at approximately $385,000. Breakwater Investment Management grew its holdings in shares of SPDR Gold Shares by 2.6% in the fourth quarter. Breakwater Investment Management now owns 3,031 shares of the exchange traded fund’s stock valued at $1,201,000 after purchasing an additional 78 shares in the last quarter. Finally, Pittenger & Anderson Inc. grew its holdings in shares of SPDR Gold Shares by 3,850.0% in the fourth quarter. Pittenger & Anderson Inc. now owns 7,031 shares of the exchange traded fund’s stock valued at $2,786,000 after purchasing an additional 6,853 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

Shares of GLD stock opened at $423.18 on Friday. The stock has a market capitalization of $153.91 billion, a P/E ratio of -32.43 and a beta of 0.15. The company has a 50 day moving average price of $444.17 and a 200 day moving average price of $420.20. SPDR Gold Shares has a fifty-two week low of $291.78 and a fifty-two week high of $509.70.

Key SPDR Gold Shares News

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

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.

Further Reading

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

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