SPDR Gold Shares $GLD Stock Holdings Trimmed by Assetmark Inc.

Assetmark Inc. lowered its position in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 12.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 43,422 shares of the exchange traded fund’s stock after selling 5,942 shares during the quarter. Assetmark Inc.’s holdings in SPDR Gold Shares were worth $17,209,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. True Vision MN LLC lifted its position in shares of SPDR Gold Shares by 3.2% during the 4th quarter. True Vision MN LLC now owns 768 shares of the exchange traded fund’s stock valued at $304,000 after buying an additional 24 shares in the last quarter. Burns J W & Co. Inc. NY boosted its position in shares of SPDR Gold Shares by 0.7% in the fourth quarter. Burns J W & Co. Inc. NY now owns 3,500 shares of the exchange traded fund’s stock worth $1,387,000 after purchasing an additional 25 shares during the period. PFS Partners LLC increased its stake in shares of SPDR Gold Shares by 2.4% in the fourth quarter. PFS Partners LLC now owns 1,078 shares of the exchange traded fund’s stock worth $427,000 after purchasing an additional 25 shares in the last quarter. Steigerwald Gordon & Koch Inc. increased its stake in shares of SPDR Gold Shares by 28.7% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 112 shares of the exchange traded fund’s stock worth $44,000 after purchasing an additional 25 shares in the last quarter. Finally, Boston Standard Wealth Management LLC raised its position in shares of SPDR Gold Shares by 2.8% during the 4th quarter. Boston Standard Wealth Management LLC now owns 946 shares of the exchange traded fund’s stock valued at $375,000 after purchasing an additional 26 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.1%

Shares of SPDR Gold Shares stock opened at $440.08 on Friday. The company has a market capitalization of $161.64 billion, a price-to-earnings ratio of -32.43 and a beta of 0.20. The stock’s 50-day simple moving average is $449.88 and its 200-day simple moving average is $415.07. SPDR Gold Shares has a 52 week low of $291.78 and a 52 week high of $509.70.

Key SPDR Gold Shares News

Here are the key news stories impacting SPDR Gold Shares this week:

SPDR Gold Shares Company 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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

See Also

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

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