SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Lyell Wealth Management LP

Lyell Wealth Management LP reduced its position in SPDR Gold Shares (NYSEARCA:GLD) by 3.8% in the 4th quarter, Holdings Channel reports. The firm owned 35,749 shares of the exchange traded fund’s stock after selling 1,423 shares during the quarter. Lyell Wealth Management LP’s holdings in SPDR Gold Shares were worth $6,834,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in GLD. International Assets Investment Management LLC raised its stake 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. Toronto Dominion Bank grew its holdings in SPDR Gold Shares by 14.5% in the 3rd quarter. Toronto Dominion Bank now owns 4,660,292 shares of the exchange traded fund’s stock valued at $799,007,000 after buying an additional 591,368 shares in the last quarter. Euclidean Capital LLC grew its holdings 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 buying an additional 507,500 shares in the last quarter. Dagco Inc. grew its holdings in SPDR Gold Shares by 24,465.7% in the 3rd quarter. Dagco Inc. now owns 388,138 shares of the exchange traded fund’s stock valued at $66,546,000 after buying an additional 386,558 shares in the last quarter. Finally, Bailard Inc. grew its holdings in SPDR Gold Shares by 5,040.4% in the 4th quarter. Bailard Inc. now owns 349,291 shares of the exchange traded fund’s stock valued at $66,774,000 after buying an additional 342,496 shares in the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Down 0.2 %

NYSEARCA:GLD traded down $0.39 during trading hours on Wednesday, hitting $214.65. The company had a trading volume of 5,735,987 shares, compared to its average volume of 7,969,864. The company has a 50-day moving average of $203.35 and a 200 day moving average of $191.95. SPDR Gold Shares has a 1 year low of $168.30 and a 1 year 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).