SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC cut its position in SPDR Gold Shares (NYSEARCA:GLD) by 16.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 81,360 shares of the exchange traded fund’s stock after selling 15,682 shares during the quarter. SPDR Gold Shares accounts for 0.9% of Dynamic Advisor Solutions LLC’s portfolio, making the stock its 23rd largest position. Dynamic Advisor Solutions LLC’s holdings in SPDR Gold Shares were worth $19,700,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in GLD. International Assets Investment Management LLC raised its position in shares of SPDR Gold Shares by 21,571.1% in the 3rd 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 purchasing an additional 3,010,682 shares in the last quarter. Diversify Advisory Services LLC raised its holdings in SPDR Gold Shares by 446.0% in the fourth quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock valued at $59,410,000 after acquiring an additional 195,520 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. raised its holdings in SPDR Gold Shares by 47.5% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock valued at $110,386,000 after acquiring an additional 146,271 shares in the last quarter. Banco Santander S.A. boosted its stake 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 acquiring an additional 114,151 shares during the last quarter. Finally, JTC Employer Solutions Trustee Ltd grew its holdings in SPDR Gold Shares by 1,565.3% during 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 acquiring an additional 108,194 shares in the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

Shares of SPDR Gold Shares stock opened at $255.65 on Friday. SPDR Gold Shares has a 1 year low of $183.78 and a 1 year high of $257.71. The firm’s 50-day simple moving average is $245.31 and its 200-day simple moving average is $239.43.

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).