SPDR Gold Shares (NYSEARCA:GLD) Stock Holdings Lowered by Strategic Capital Advisers Inc.

Strategic Capital Advisers Inc. reduced its holdings in SPDR Gold Shares (NYSEARCA:GLDGet Rating) by 3.9% during the 1st quarter, Holdings Channel reports. The fund owned 23,479 shares of the exchange traded fund’s stock after selling 960 shares during the period. SPDR Gold Shares makes up about 3.2% of Strategic Capital Advisers Inc.’s holdings, making the stock its 5th largest holding. Strategic Capital Advisers Inc.’s holdings in SPDR Gold Shares were worth $4,241,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Toronto Dominion Bank boosted its stake in SPDR Gold Shares by 49.5% during the fourth quarter. Toronto Dominion Bank now owns 1,445,006 shares of the exchange traded fund’s stock worth $247,037,000 after buying an additional 478,324 shares during the period. AE Wealth Management LLC raised its holdings in SPDR Gold Shares by 57.5% during the first quarter. AE Wealth Management LLC now owns 1,161,700 shares of the exchange traded fund’s stock worth $209,861,000 after purchasing an additional 424,039 shares in the last quarter. Fullerton Fund Management Co Ltd. increased its holdings in shares of SPDR Gold Shares by 145.7% in the 4th quarter. Fullerton Fund Management Co Ltd. now owns 299,474 shares of the exchange traded fund’s stock valued at $51,198,000 after acquiring an additional 177,574 shares during the period. McElhenny Sheffield Capital Management LLC acquired a new position in shares of SPDR Gold Shares in the 1st quarter valued at $31,636,000. Finally, Mackenzie Financial Corp increased its stake in SPDR Gold Shares by 6.3% in the 4th quarter. Mackenzie Financial Corp now owns 2,901,520 shares of the exchange traded fund’s stock valued at $496,044,000 after buying an additional 171,744 shares during the period. 33.15% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

Shares of GLD opened at $161.67 on Thursday. SPDR Gold Shares has a 1 year low of $158.02 and a 1 year high of $193.30. The company’s fifty day moving average is $167.82 and its two-hundred day moving average is $173.52.

About SPDR Gold Shares

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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).

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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