SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Colonial River Investments LLC

Colonial River Investments LLC trimmed its position in SPDR Gold Shares (NYSEARCA:GLD) by 25.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,051 shares of the exchange traded fund’s stock after selling 350 shares during the period. Colonial River Investments LLC’s holdings in SPDR Gold Shares were worth $254,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Partners Wealth Management LLC acquired a new stake in SPDR Gold Shares in the fourth quarter valued at approximately $223,000. World Equity Group Inc. boosted its stake in SPDR Gold Shares by 107.3% in the fourth quarter. World Equity Group Inc. now owns 28,582 shares of the exchange traded fund’s stock valued at $6,921,000 after acquiring an additional 14,794 shares in the last quarter. MONECO Advisors LLC boosted its stake in SPDR Gold Shares by 12.9% in the fourth quarter. MONECO Advisors LLC now owns 24,792 shares of the exchange traded fund’s stock valued at $6,003,000 after acquiring an additional 2,840 shares in the last quarter. Members Advisory Group LLC acquired a new stake in SPDR Gold Shares in the fourth quarter valued at approximately $3,201,000. Finally, Wealthspire Advisors LLC boosted its stake in SPDR Gold Shares by 2.3% in the fourth quarter. Wealthspire Advisors LLC now owns 50,055 shares of the exchange traded fund’s stock valued at $12,120,000 after acquiring an additional 1,132 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

Shares of GLD opened at $272.21 on Tuesday. SPDR Gold Shares has a twelve month low of $187.53 and a twelve month high of $272.32. The company has a 50 day moving average of $253.55 and a two-hundred day moving average of $245.84.

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).