Trilogy Capital Inc. Cuts Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

Trilogy Capital Inc. trimmed its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,719 shares of the exchange traded fund’s stock after selling 65 shares during the quarter. Trilogy Capital Inc.’s holdings in SPDR Gold Shares were worth $416,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. International Assets Investment Management LLC boosted its holdings 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 worth $735,169,000 after acquiring an additional 3,010,682 shares in the last quarter. Diversify Advisory Services LLC grew its holdings in shares of SPDR Gold Shares by 446.0% during the fourth quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock valued at $59,410,000 after buying an additional 195,520 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its position in shares of SPDR Gold Shares by 47.5% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock valued at $110,386,000 after acquiring an additional 146,271 shares during the period. Banco Santander S.A. lifted its position in SPDR Gold Shares by 245.1% during the 3rd quarter. Banco Santander S.A. now owns 160,721 shares of the exchange traded fund’s stock worth $39,065,000 after acquiring an additional 114,151 shares during the period. Finally, JTC Employer Solutions Trustee Ltd grew its stake in SPDR Gold Shares by 1,565.3% during the 3rd quarter. JTC Employer Solutions Trustee Ltd now owns 115,106 shares of the exchange traded fund’s stock valued at $27,979,000 after purchasing an additional 108,194 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA:GLD opened at $263.43 on Friday. The business has a 50-day moving average price of $247.54 and a 200-day moving average price of $241.49. SPDR Gold Shares has a 52-week low of $183.78 and a 52-week high of $265.99.

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).