SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Bryn Mawr Capital Management LLC

Bryn Mawr Capital Management LLC lessened its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 6,890 shares of the exchange traded fund’s stock after selling 279 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in SPDR Gold Shares were worth $1,317,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. Toronto Dominion Bank grew its holdings 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 worth $799,007,000 after purchasing an additional 591,368 shares in the last quarter. First Eagle Investment Management LLC raised its position in SPDR Gold Shares by 4.2% in the 3rd 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 last quarter. International Assets Investment Management LLC raised its position in 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 valued at $465,888,000 after purchasing an additional 2,424,904 shares during the last quarter. Mackenzie Financial Corp raised its position in 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 valued at $276,956,000 after purchasing an additional 9,005 shares during the last quarter. Finally, Euclidean Capital LLC raised its position in 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 valued at $182,166,000 after purchasing an additional 507,500 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.3 %

Shares of GLD opened at $216.61 on Friday. The stock has a fifty day moving average price of $204.56 and a two-hundred day moving average price of $192.42. SPDR Gold Shares has a 52-week low of $168.30 and a 52-week high of $225.09.

About SPDR Gold Shares

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).