Bridgewater Advisors Inc. Sells 2,423 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Bridgewater Advisors Inc. lessened its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 13.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,186 shares of the exchange traded fund’s stock after selling 2,423 shares during the quarter. Bridgewater Advisors Inc.’s holdings in SPDR Gold Shares were worth $2,903,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of GLD. Linden Thomas Advisory Services LLC increased its position in SPDR Gold Shares by 7.9% during the 3rd quarter. Linden Thomas Advisory Services LLC now owns 4,262 shares of the exchange traded fund’s stock valued at $731,000 after buying an additional 313 shares in the last quarter. Compagnie Lombard Odier SCmA grew its stake in shares of SPDR Gold Shares by 9.7% during the third quarter. Compagnie Lombard Odier SCmA now owns 2,030 shares of the exchange traded fund’s stock worth $348,000 after acquiring an additional 180 shares during the last quarter. Busey Trust CO increased its holdings in shares of SPDR Gold Shares by 2.5% during the third quarter. Busey Trust CO now owns 3,872 shares of the exchange traded fund’s stock valued at $664,000 after acquiring an additional 95 shares in the last quarter. Accurate Wealth Management LLC raised its position in shares of SPDR Gold Shares by 943.0% in the 3rd quarter. Accurate Wealth Management LLC now owns 27,670 shares of the exchange traded fund’s stock valued at $4,933,000 after purchasing an additional 25,017 shares during the last quarter. Finally, Balboa Wealth Partners raised its position in shares of SPDR Gold Shares by 7.7% in the 3rd quarter. Balboa Wealth Partners now owns 10,659 shares of the exchange traded fund’s stock valued at $1,827,000 after purchasing an additional 761 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 1.9 %

NYSEARCA:GLD traded down $4.18 during trading hours on Tuesday, hitting $212.00. 11,212,974 shares of the company were exchanged, compared to its average volume of 7,953,873. SPDR Gold Shares has a 52-week low of $168.30 and a 52-week high of $225.09. The company’s 50 day moving average price is $205.15 and its 200-day moving average price is $192.99.

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).