SPDR Gold Shares (NYSEARCA:GLD) Stock Holdings Lowered by Hibernia Wealth Partners LLC

Hibernia Wealth Partners LLC lowered its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 51.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 12,506 shares of the exchange traded fund’s stock after selling 13,078 shares during the quarter. SPDR Gold Shares accounts for about 2.0% of Hibernia Wealth Partners LLC’s holdings, making the stock its 8th biggest holding. Hibernia Wealth Partners LLC’s holdings in SPDR Gold Shares were worth $3,028,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in GLD. International Assets Investment Management LLC raised its holdings in shares of SPDR Gold Shares by 21,571.1% during the third quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock valued at $735,169,000 after acquiring an additional 3,010,682 shares in the last quarter. Strategic Financial Concepts LLC increased its position in SPDR Gold Shares by 24,600.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 608,876 shares of the exchange traded fund’s stock valued at $147,427,000 after purchasing an additional 606,411 shares during the period. Diversify Advisory Services LLC raised its holdings in SPDR Gold Shares by 446.0% in the 4th quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock worth $59,410,000 after purchasing an additional 195,520 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of SPDR Gold Shares by 47.5% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock worth $110,386,000 after purchasing an additional 146,271 shares during the period. Finally, Banco Santander S.A. boosted its stake in shares of SPDR Gold Shares by 245.1% during the 3rd quarter. Banco Santander S.A. now owns 160,721 shares of the exchange traded fund’s stock valued at $39,065,000 after purchasing an additional 114,151 shares in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 0.4 %

Shares of NYSEARCA GLD opened at $267.39 on Wednesday. SPDR Gold Shares has a 1 year low of $183.78 and a 1 year high of $268.66. The company’s 50-day moving average is $248.80 and its 200 day moving average is $242.56.

SPDR Gold Shares Company 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).