SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Carret Asset Management LLC

Carret Asset Management LLC reduced its position in SPDR Gold Shares (NYSEARCA:GLD) by 2.2% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,473 shares of the exchange traded fund’s stock after selling 100 shares during the quarter. Carret Asset Management LLC’s holdings in SPDR Gold Shares were worth $920,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in GLD. Scarborough Advisors LLC increased its stake in shares of SPDR Gold Shares by 10,133.3% in the 4th quarter. Scarborough Advisors LLC now owns 2,662,393 shares of the exchange traded fund’s stock worth $508,970,000 after acquiring an additional 2,636,376 shares during the last quarter. International Assets Investment Management LLC increased its stake in shares of SPDR Gold Shares by 19,989.3% in the 4th quarter. International Assets Investment Management LLC now owns 2,437,035 shares of the exchange traded fund’s stock worth $465,888,000 after acquiring an additional 2,424,904 shares during the last quarter. Global Assets Advisory LLC acquired a new stake in shares of SPDR Gold Shares in the 1st quarter worth $144,269,000. GLOBALT Investments LLC GA acquired a new stake in shares of SPDR Gold Shares in the 4th quarter worth $124,066,000. Finally, Euclidean Capital LLC increased its stake in shares of SPDR Gold Shares by 91.4% in the 3rd quarter. Euclidean Capital LLC now owns 1,062,500 shares of the exchange traded fund’s stock worth $182,166,000 after acquiring an additional 507,500 shares during the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Up 1.1 %

Shares of GLD opened at $217.98 on Thursday. SPDR Gold Shares has a 52-week low of $168.30 and a 52-week high of $225.66. The stock has a fifty day simple moving average of $216.21 and a two-hundred day simple moving average of $203.32.

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).