Syon Capital LLC Sells 6,653 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Syon Capital LLC lessened its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 16.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,009 shares of the exchange traded fund’s stock after selling 6,653 shares during the period. Syon Capital LLC’s holdings in SPDR Gold Shares were worth $6,502,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. First Personal Financial Services bought a new stake in SPDR Gold Shares in the 4th quarter valued at approximately $25,000. Johnson Midwest Financial LLC lifted its stake in SPDR Gold Shares by 350.0% in the 3rd quarter. Johnson Midwest Financial LLC now owns 180 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 140 shares in the last quarter. Private Ocean LLC lifted its stake in SPDR Gold Shares by 232.7% in the 4th quarter. Private Ocean LLC now owns 163 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 114 shares in the last quarter. Naples Money Management LLC bought a new stake in SPDR Gold Shares in the 4th quarter valued at approximately $31,000. Finally, GAMMA Investing LLC bought a new stake in SPDR Gold Shares in the 4th quarter valued at approximately $33,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.3 %

NYSEARCA GLD traded up $0.70 during trading on Friday, hitting $216.62. The stock had a trading volume of 6,159,677 shares, compared to its average volume of 7,921,786. The company’s 50-day moving average price is $203.95 and its two-hundred day moving average price is $192.11. SPDR Gold Shares has a 12 month low of $168.30 and a 12 month 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).