Capital Investment Advisors LLC Sells 406 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Capital Investment Advisors LLC lessened its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 3.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,295 shares of the exchange traded fund’s stock after selling 406 shares during the quarter. Capital Investment Advisors LLC’s holdings in SPDR Gold Shares were worth $2,735,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. International Assets Investment Management LLC increased its position in shares of SPDR Gold Shares by 21,571.1% during the 3rd quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock worth $735,169,000 after purchasing an additional 3,010,682 shares during the last quarter. Stifel Financial Corp increased its holdings in SPDR Gold Shares by 13.9% during the third quarter. Stifel Financial Corp now owns 822,531 shares of the exchange traded fund’s stock worth $199,924,000 after buying an additional 100,149 shares during the last quarter. State Street Corp raised its position in SPDR Gold Shares by 6.6% during the third quarter. State Street Corp now owns 764,315 shares of the exchange traded fund’s stock worth $185,774,000 after acquiring an additional 47,507 shares in the last quarter. US Bancorp DE lifted its stake in SPDR Gold Shares by 0.5% in the third quarter. US Bancorp DE now owns 691,648 shares of the exchange traded fund’s stock valued at $168,112,000 after acquiring an additional 3,614 shares during the last quarter. Finally, Rockefeller Capital Management L.P. grew its position in shares of SPDR Gold Shares by 4.9% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 665,498 shares of the exchange traded fund’s stock valued at $161,670,000 after acquiring an additional 30,952 shares during the period. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $245.74 on Tuesday. The company’s 50-day moving average is $243.87 and its 200-day moving average is $237.59. SPDR Gold Shares has a fifty-two week low of $183.78 and a fifty-two week high of $257.71.

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).