Geneva Partners LLC Sells 1,368 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Geneva Partners LLC cut its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 17.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,652 shares of the exchange traded fund’s stock after selling 1,368 shares during the period. Geneva Partners LLC’s holdings in SPDR Gold Shares were worth $1,272,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Toronto Dominion Bank raised its position in shares of SPDR Gold Shares by 14.5% during the 3rd quarter. Toronto Dominion Bank now owns 4,660,292 shares of the exchange traded fund’s stock valued at $799,007,000 after buying an additional 591,368 shares in the last quarter. First Eagle Investment Management LLC raised its position in SPDR Gold Shares by 4.2% during the third quarter. First Eagle Investment Management LLC now owns 3,451,135 shares of the exchange traded fund’s stock valued at $599,794,000 after purchasing an additional 137,604 shares during the period. Moneta Group Investment Advisors LLC lifted its stake in shares of SPDR Gold Shares by 67,584.6% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 3,037,008 shares of the exchange traded fund’s stock valued at $515,198,000 after purchasing an additional 3,032,521 shares during the last quarter. International Assets Investment Management LLC boosted its holdings 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 purchasing an additional 2,424,904 shares during the period. Finally, Mackenzie Financial Corp boosted its holdings in shares of SPDR Gold Shares by 0.6% in the 3rd quarter. Mackenzie Financial Corp now owns 1,637,245 shares of the exchange traded fund’s stock worth $276,956,000 after purchasing an additional 9,005 shares during the period. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.3 %

Shares of NYSEARCA:GLD traded up $0.71 during trading hours on Friday, hitting $221.05. 8,683,517 shares of the company’s stock traded hands, compared to its average volume of 7,892,074. The business has a fifty day moving average price of $201.56 and a 200-day moving average price of $190.83. SPDR Gold Shares has a 1 year low of $168.30 and a 1 year high of $225.09.

SPDR Gold Shares Company 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).