SPDR Gold Shares (NYSEARCA:GLD) is Westover Capital Advisors LLC’s 4th Largest Position

Westover Capital Advisors LLC cut its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 0.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 58,140 shares of the exchange traded fund’s stock after selling 76 shares during the quarter. SPDR Gold Shares comprises approximately 3.6% of Westover Capital Advisors LLC’s portfolio, making the stock its 4th biggest holding. Westover Capital Advisors LLC’s holdings in SPDR Gold Shares were worth $11,115,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC increased its position in shares of SPDR Gold Shares by 19,989.3% in the fourth quarter. International Assets Investment Management LLC now owns 2,437,035 shares of the exchange traded fund’s stock worth $465,888,000 after acquiring an additional 2,424,904 shares in the last quarter. Toronto Dominion Bank raised its position in SPDR Gold Shares by 14.5% in the third quarter. Toronto Dominion Bank now owns 4,660,292 shares of the exchange traded fund’s stock valued at $799,007,000 after purchasing an additional 591,368 shares during the period. Euclidean Capital LLC lifted its stake in shares of SPDR Gold Shares by 91.4% during the third quarter. Euclidean Capital LLC now owns 1,062,500 shares of the exchange traded fund’s stock worth $182,166,000 after purchasing an additional 507,500 shares in the last quarter. Dagco Inc. boosted its position in shares of SPDR Gold Shares by 24,465.7% in the third quarter. Dagco Inc. now owns 388,138 shares of the exchange traded fund’s stock worth $66,546,000 after buying an additional 386,558 shares during the period. Finally, Bailard Inc. lifted its position in SPDR Gold Shares by 5,040.4% during the 4th quarter. Bailard Inc. now owns 349,291 shares of the exchange traded fund’s stock worth $66,774,000 after acquiring an additional 342,496 shares in the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Down 0.3 %

Shares of SPDR Gold Shares stock traded down $0.54 during trading hours on Thursday, hitting $213.25. 4,868,849 shares of the company’s stock traded hands, compared to its average volume of 7,943,368. SPDR Gold Shares has a twelve month low of $168.30 and a twelve month high of $225.09. The stock has a 50 day simple moving average of $206.17 and a 200-day simple moving average of $193.37.

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).