Montag A & Associates Inc. Sells 400 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Montag A & Associates Inc. lowered its stake in SPDR Gold Shares (NYSEARCA:GLD) by 2.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 18,352 shares of the exchange traded fund’s stock after selling 400 shares during the quarter. Montag A & Associates Inc.’s holdings in SPDR Gold Shares were worth $3,508,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. International Assets Investment Management LLC grew its stake in SPDR Gold Shares by 19,989.3% in the fourth quarter. International Assets Investment Management LLC now owns 2,437,035 shares of the exchange traded fund’s stock worth $465,888,000 after purchasing an additional 2,424,904 shares during the period. Toronto Dominion Bank grew its stake in SPDR Gold Shares by 14.5% in the third quarter. Toronto Dominion Bank now owns 4,660,292 shares of the exchange traded fund’s stock worth $799,007,000 after purchasing an additional 591,368 shares during the period. Euclidean Capital LLC grew its stake in shares of SPDR Gold Shares by 91.4% in the third quarter. Euclidean Capital LLC now owns 1,062,500 shares of the exchange traded fund’s stock worth $182,166,000 after acquiring an additional 507,500 shares during the last quarter. Dagco Inc. grew its stake in shares of SPDR Gold Shares by 24,465.7% in the third quarter. Dagco Inc. now owns 388,138 shares of the exchange traded fund’s stock worth $66,546,000 after acquiring an additional 386,558 shares during the last quarter. Finally, Bailard Inc. grew its stake in shares of SPDR Gold Shares by 5,040.4% in the fourth quarter. Bailard Inc. now owns 349,291 shares of the exchange traded fund’s stock worth $66,774,000 after acquiring an additional 342,496 shares during the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 1.6 %

Shares of NYSEARCA:GLD traded up $3.37 during midday trading on Thursday, reaching $216.95. 7,630,552 shares of the company’s stock traded hands, compared to its average volume of 7,891,479. SPDR Gold Shares has a one year low of $168.30 and a one year high of $225.09. The stock has a 50 day moving average of $208.74 and a 200 day moving average of $194.52.

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).