Cumberland Partners Ltd Decreases Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Cumberland Partners Ltd lowered its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 12.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,729 shares of the exchange traded fund’s stock after selling 1,916 shares during the quarter. Cumberland Partners Ltd’s holdings in SPDR Gold Shares were worth $2,419,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of GLD. Compass Ion Advisors LLC raised its position in 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 worth $1,589,000 after acquiring an additional 54 shares during the period. Capital Market Strategies LLC grew its stake in shares of SPDR Gold Shares by 4.6% in the 4th quarter. Capital Market Strategies LLC now owns 1,247 shares of the exchange traded fund’s stock worth $238,000 after buying an additional 55 shares in the last quarter. JB Capital LLC boosted its stake in shares of SPDR Gold Shares by 2.4% during the 4th quarter. JB Capital LLC now owns 2,379 shares of the exchange traded fund’s stock worth $455,000 after purchasing an additional 55 shares during the period. IAG Wealth Partners LLC boosted its stake in shares of SPDR Gold Shares by 9.5% during the 3rd quarter. IAG Wealth Partners LLC now owns 648 shares of the exchange traded fund’s stock worth $111,000 after purchasing an additional 56 shares during the period. Finally, Financial Sense Advisors Inc. lifted its holdings in SPDR Gold Shares by 2.0% during the 3rd 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 in the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 0.3 %

GLD traded down $0.57 on Tuesday, reaching $215.00. 10,725,456 shares of the company traded hands, compared to its average volume of 7,999,175. SPDR Gold Shares has a one year low of $168.30 and a one year high of $225.09. The firm has a fifty day simple moving average of $202.74 and a two-hundred day simple moving average of $191.79.

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).