Autus Asset Management LLC Sells 550 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Autus Asset Management LLC decreased its position in SPDR Gold Shares (NYSEARCA:GLDGet Rating) by 24.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,717 shares of the exchange traded fund’s stock after selling 550 shares during the quarter. Autus Asset Management LLC’s holdings in SPDR Gold Shares were worth $310,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Claremont Financial Group Inc. bought a new position in SPDR Gold Shares during the fourth quarter valued at $3,016,000. Outfitter Financial LLC purchased a new position in shares of SPDR Gold Shares during the 4th quarter worth about $26,000. HWG Holdings LP bought a new position in SPDR Gold Shares during the 4th quarter valued at about $28,000. Life Planning Partners Inc bought a new stake in SPDR Gold Shares in the fourth quarter worth about $29,000. Finally, Rise Advisors LLC purchased a new position in shares of SPDR Gold Shares during the fourth quarter valued at approximately $33,000. 33.15% of the stock is currently owned by institutional investors and hedge funds.

Shares of GLD stock opened at $171.31 on Thursday. The stock has a 50 day moving average price of $174.13 and a 200 day moving average price of $174.28. SPDR Gold Shares has a 52-week low of $160.68 and a 52-week high of $193.30.

About SPDR Gold Shares (Get Rating)

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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