Mather Group LLC. Sells 618 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Mather Group LLC. reduced its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 29.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,481 shares of the exchange traded fund’s stock after selling 618 shares during the quarter. Mather Group LLC.’s holdings in SPDR Gold Shares were worth $359,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. International Assets Investment Management LLC increased its position in shares of 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 acquiring an additional 3,010,682 shares during the period. Diversify Advisory Services LLC increased its holdings in SPDR Gold Shares by 446.0% during the 4th quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock valued at $59,410,000 after purchasing an additional 195,520 shares during the period. Sumitomo Mitsui Trust Group Inc. increased its holdings in SPDR Gold Shares by 47.5% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock valued at $110,386,000 after purchasing an additional 146,271 shares during the period. Banco Santander S.A. raised its position in 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 during the last quarter. Finally, JTC Employer Solutions Trustee Ltd lifted its holdings in SPDR Gold Shares by 1,565.3% in the 3rd quarter. JTC Employer Solutions Trustee Ltd now owns 115,106 shares of the exchange traded fund’s stock worth $27,979,000 after buying an additional 108,194 shares during the period. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of SPDR Gold Shares stock opened at $263.43 on Friday. The business has a 50 day moving average of $247.54 and a 200 day moving average of $241.49. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $265.99.

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).