Greenleaf Trust Reduces Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Greenleaf Trust cut its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 26.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,563 shares of the exchange traded fund’s stock after selling 557 shares during the quarter. Greenleaf Trust’s holdings in SPDR Gold Shares were worth $299,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the business. Naples Money Management LLC purchased a new stake in SPDR Gold Shares in the 4th quarter worth approximately $31,000. BCM Advisors LLC raised its position in shares of SPDR Gold Shares by 1.3% in the 4th quarter. BCM Advisors LLC now owns 251,955 shares of the exchange traded fund’s stock worth $47,516,000 after acquiring an additional 3,152 shares in the last quarter. KFG Wealth Management LLC raised its position in shares of SPDR Gold Shares by 8.9% in the 4th quarter. KFG Wealth Management LLC now owns 5,083 shares of the exchange traded fund’s stock worth $972,000 after acquiring an additional 417 shares in the last quarter. RIA Advisory Group LLC bought a new position in shares of SPDR Gold Shares in the 4th quarter worth approximately $149,000. Finally, Beaumont Financial Advisors LLC raised its position in shares of SPDR Gold Shares by 7.3% in the 4th quarter. Beaumont Financial Advisors LLC now owns 2,195 shares of the exchange traded fund’s stock worth $420,000 after acquiring an additional 150 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of NYSEARCA:GLD opened at $215.00 on Wednesday. SPDR Gold Shares has a 52-week low of $168.30 and a 52-week high of $225.09. The stock has a 50 day moving average price of $202.74 and a 200-day moving average price of $191.79.

About SPDR Gold Shares

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).