Fourpath Capital Management LLC Sells 1,389 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Fourpath Capital Management LLC lessened its stake in SPDR Gold Shares (NYSEARCA:GLD) by 3.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 41,579 shares of the exchange traded fund’s stock after selling 1,389 shares during the period. SPDR Gold Shares accounts for approximately 1.9% of Fourpath Capital Management LLC’s investment portfolio, making the stock its 13th largest holding. Fourpath Capital Management LLC’s holdings in SPDR Gold Shares were worth $10,068,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of GLD. International Assets Investment Management LLC raised its stake in SPDR Gold Shares by 21,571.1% in 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 buying an additional 3,010,682 shares during the last quarter. Stifel Financial Corp boosted its stake in SPDR Gold Shares by 13.9% in the 3rd quarter. Stifel Financial Corp now owns 822,531 shares of the exchange traded fund’s stock worth $199,924,000 after purchasing an additional 100,149 shares in the last quarter. State Street Corp grew its position in SPDR Gold Shares by 6.6% during the 3rd quarter. State Street Corp now owns 764,315 shares of the exchange traded fund’s stock worth $185,774,000 after purchasing an additional 47,507 shares during the last quarter. US Bancorp DE increased its stake in SPDR Gold Shares by 0.5% during the 3rd quarter. US Bancorp DE now owns 691,648 shares of the exchange traded fund’s stock valued at $168,112,000 after purchasing an additional 3,614 shares in the last quarter. Finally, Rockefeller Capital Management L.P. raised its holdings in shares of SPDR Gold Shares by 4.9% in the third quarter. Rockefeller Capital Management L.P. now owns 665,498 shares of the exchange traded fund’s stock worth $161,670,000 after buying an additional 30,952 shares during the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

Shares of GLD opened at $259.94 on Tuesday. The company’s fifty day moving average price is $246.38 and its 200-day moving average price is $240.80. SPDR Gold Shares has a 1-year low of $183.78 and a 1-year high of $261.39.

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).