NTV Asset Management LLC Lowers Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

NTV Asset Management LLC cut its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 4.5% in the 4th quarter, Holdings Channel reports. The fund owned 2,122 shares of the exchange traded fund’s stock after selling 100 shares during the quarter. NTV Asset Management LLC’s holdings in SPDR Gold Shares were worth $406,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Chevy Chase Trust Holdings LLC lifted its position in SPDR Gold Shares by 34.4% in the third quarter. Chevy Chase Trust Holdings LLC now owns 3,143 shares of the exchange traded fund’s stock valued at $539,000 after purchasing an additional 805 shares during the period. Brown Advisory Inc. lifted its holdings in SPDR Gold Shares by 2.5% in the third quarter. Brown Advisory Inc. now owns 283,716 shares of the exchange traded fund’s stock valued at $48,643,000 after acquiring an additional 6,950 shares during the period. KMG Fiduciary Partners LLC boosted its position in shares of SPDR Gold Shares by 6.0% during the 3rd quarter. KMG Fiduciary Partners LLC now owns 3,441 shares of the exchange traded fund’s stock worth $590,000 after purchasing an additional 195 shares in the last quarter. Chicago Capital LLC grew its stake in shares of SPDR Gold Shares by 9.5% during the 3rd quarter. Chicago Capital LLC now owns 1,596 shares of the exchange traded fund’s stock worth $274,000 after purchasing an additional 138 shares during the period. Finally, JB Capital LLC lifted its stake in shares of SPDR Gold Shares by 88.8% in the third quarter. JB Capital LLC now owns 2,324 shares of the exchange traded fund’s stock valued at $398,000 after purchasing an additional 1,093 shares during the period. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Down 0.1 %

GLD traded down $0.17 on Friday, hitting $212.96. 8,679,910 shares of the company were exchanged, compared to its average volume of 11,009,346. The business’s fifty day moving average is $207.17 and its 200 day moving average is $193.95. SPDR Gold Shares has a fifty-two week low of $168.30 and a fifty-two week high of $225.09.

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).