SPDR Gold Shares $GLD Shares Sold by Aspire Private Capital LLC

Aspire Private Capital LLC decreased its position in SPDR Gold Shares (NYSEARCA:GLDFree Report) by 11.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 9,443 shares of the exchange traded fund’s stock after selling 1,211 shares during the quarter. Aspire Private Capital LLC’s holdings in SPDR Gold Shares were worth $3,742,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GLD. Hopwood Financial Services Inc. purchased a new stake in SPDR Gold Shares in the 3rd quarter valued at about $27,000. Vestwell Advisors LLC purchased a new stake in SPDR Gold Shares in the third quarter valued at approximately $27,000. USA Financial Formulas purchased a new stake in SPDR Gold Shares in the fourth quarter valued at approximately $31,000. Chapman Financial Group LLC acquired a new position in SPDR Gold Shares during the second quarter worth approximately $26,000. Finally, Steigerwald Gordon & Koch Inc. acquired a new position in SPDR Gold Shares during the third quarter worth approximately $31,000. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Up 1.7%

NYSEARCA:GLD opened at $437.82 on Thursday. The company has a market cap of $166.42 billion, a P/E ratio of -32.43 and a beta of 0.09. The firm’s 50 day moving average is $455.37 and its two-hundred day moving average is $408.38. SPDR Gold Shares has a fifty-two week low of $272.58 and a fifty-two week high of $509.70.

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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). 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.

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

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