New Millennium Group LLC Lowers Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

New Millennium Group LLC cut its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 26.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 237 shares of the exchange traded fund’s stock after selling 85 shares during the period. New Millennium Group LLC’s holdings in SPDR Gold Shares were worth $57,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. International Assets Investment Management LLC lifted its position in SPDR Gold Shares by 21,571.1% in the third quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock valued at $735,169,000 after purchasing an additional 3,010,682 shares during the period. Stifel Financial Corp raised its stake in shares of SPDR Gold Shares by 13.9% during the 3rd quarter. Stifel Financial Corp now owns 822,531 shares of the exchange traded fund’s stock worth $199,924,000 after buying an additional 100,149 shares during the last quarter. State Street Corp grew its stake in SPDR Gold Shares by 6.6% in the 3rd quarter. State Street Corp now owns 764,315 shares of the exchange traded fund’s stock valued at $185,774,000 after acquiring an additional 47,507 shares during the last quarter. US Bancorp DE increased its holdings in SPDR Gold Shares by 0.5% during the 3rd quarter. US Bancorp DE now owns 691,648 shares of the exchange traded fund’s stock valued at $168,112,000 after acquiring an additional 3,614 shares in the last quarter. Finally, Rockefeller Capital Management L.P. grew its position in shares of SPDR Gold Shares by 4.9% in the third quarter. Rockefeller Capital Management L.P. now owns 665,498 shares of the exchange traded fund’s stock valued at $161,670,000 after purchasing an additional 30,952 shares during the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

SPDR Gold Shares stock opened at $258.56 on Friday. The stock has a fifty day moving average of $246.21 and a two-hundred day moving average of $240.38. SPDR Gold Shares has a fifty-two week low of $183.78 and a fifty-two week high of $259.99.

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).