Clearbridge Investments LLC Cuts Stake in SPDR Gold Shares (NYSEARCA:GLD)

Clearbridge Investments LLC reduced its holdings in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 14.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,951 shares of the exchange traded fund’s stock after selling 500 shares during the period. Clearbridge Investments LLC’s holdings in SPDR Gold Shares were worth $564,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Compass Ion Advisors LLC raised its position in shares of SPDR Gold Shares by 0.7% in the fourth quarter. Compass Ion Advisors LLC now owns 8,313 shares of the exchange traded fund’s stock valued at $1,589,000 after buying an additional 54 shares during the last quarter. Capital Market Strategies LLC raised its position in shares of SPDR Gold Shares by 4.6% in the fourth quarter. Capital Market Strategies LLC now owns 1,247 shares of the exchange traded fund’s stock valued at $238,000 after buying an additional 55 shares during the last quarter. JB Capital LLC raised its position in shares of SPDR Gold Shares by 2.4% in the fourth quarter. JB Capital LLC now owns 2,379 shares of the exchange traded fund’s stock valued at $455,000 after buying an additional 55 shares during the last quarter. Financial Sense Advisors Inc. raised its position in shares of SPDR Gold Shares by 2.0% in the third quarter. Financial Sense Advisors Inc. now owns 2,891 shares of the exchange traded fund’s stock valued at $496,000 after buying an additional 56 shares during the last quarter. Finally, Sandy Spring Bank grew its holdings in SPDR Gold Shares by 4.0% in the fourth quarter. Sandy Spring Bank now owns 1,456 shares of the exchange traded fund’s stock valued at $278,000 after purchasing an additional 56 shares during the period. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $215.92 on Monday. SPDR Gold Shares has a 1 year low of $168.30 and a 1 year high of $225.66. The firm has a 50 day moving average price of $213.86 and a 200 day moving average price of $197.63.

SPDR Gold Shares Profile

(Free Report)

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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