SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Lazard Asset Management LLC

Lazard Asset Management LLC trimmed its position in SPDR Gold Shares (NYSEARCA:GLD) by 0.2% in the first quarter, Holdings Channel reports. The firm owned 92,945 shares of the exchange traded fund’s stock after selling 197 shares during the quarter. Lazard Asset Management LLC’s holdings in SPDR Gold Shares were worth $19,120,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GLD. First Personal Financial Services bought a new position in shares of SPDR Gold Shares in the 4th quarter worth about $25,000. Frazier Financial Advisors LLC acquired a new position in SPDR Gold Shares in the fourth quarter valued at approximately $26,000. Northwest Investment Counselors LLC acquired a new stake in shares of SPDR Gold Shares during the 1st quarter worth approximately $26,000. Gold Investment Management Ltd. bought a new stake in SPDR Gold Shares in the 4th quarter valued at about $27,000. Finally, Security National Bank bought a new stake in shares of SPDR Gold Shares during the first quarter valued at approximately $28,000. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Up 0.3 %

GLD stock opened at $221.35 on Monday. The company has a 50-day simple moving average of $218.18 and a 200 day simple moving average of $207.38. SPDR Gold Shares has a fifty-two week low of $168.30 and a fifty-two week high of $229.65.

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).