SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Haverford Trust Co

Haverford Trust Co lowered its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 2.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 3,350 shares of the exchange traded fund’s stock after selling 100 shares during the period. Haverford Trust Co’s holdings in SPDR Gold Shares were worth $811,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Proficio Capital Partners LLC increased its stake in shares of SPDR Gold Shares by 24,245.2% in the fourth quarter. Proficio Capital Partners LLC now owns 60,753,703 shares of the exchange traded fund’s stock valued at $14,710,294,000 after purchasing an additional 60,504,152 shares during the period. Raymond James Financial Inc. bought a new position in SPDR Gold Shares in the 4th quarter worth approximately $450,109,000. Wealthfront Advisers LLC increased its position in SPDR Gold Shares by 1,374.2% in the 4th quarter. Wealthfront Advisers LLC now owns 1,121,579 shares of the exchange traded fund’s stock valued at $271,568,000 after acquiring an additional 1,045,499 shares during the period. Commonwealth Equity Services LLC raised its stake in SPDR Gold Shares by 3.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 980,065 shares of the exchange traded fund’s stock valued at $237,303,000 after acquiring an additional 32,712 shares in the last quarter. Finally, Stifel Financial Corp boosted its position in SPDR Gold Shares by 13.9% during the 3rd quarter. Stifel Financial Corp now owns 822,531 shares of the exchange traded fund’s stock worth $199,924,000 after acquiring an additional 100,149 shares during the period. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Performance

NYSEARCA:GLD opened at $277.25 on Tuesday. SPDR Gold Shares has a 1 year low of $200.97 and a 1 year high of $281.48. The business has a fifty day moving average of $265.10 and a 200-day moving average of $251.67. The stock has a market cap of $83.34 billion, a price-to-earnings ratio of -29.30 and a beta of 0.20.

SPDR Gold Shares 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).