SPDR Gold Trust (GLD) Stake Decreased by Nwam LLC
Nwam LLC lowered its stake in shares of SPDR Gold Trust (NYSEARCA:GLD) by 33.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,390 shares of the exchange traded fund’s stock after selling 2,200 shares during the quarter. Nwam LLC’s holdings in SPDR Gold Trust were worth $543,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds also recently added to or reduced their stakes in the company. RPg Family Wealth Advisory LLC boosted its holdings in shares of SPDR Gold Trust by 118.9% during the third quarter. RPg Family Wealth Advisory LLC now owns 939 shares of the exchange traded fund’s stock valued at $114,000 after acquiring an additional 510 shares during the period. Truepoint Inc. boosted its holdings in shares of SPDR Gold Trust by 2,551.0% during the third quarter. Truepoint Inc. now owns 116,960 shares of the exchange traded fund’s stock valued at $117,000 after acquiring an additional 112,548 shares during the period. Field & Main Bank acquired a new position in shares of SPDR Gold Trust during the fourth quarter valued at $127,000. Mandatum Life Insurance Co Ltd acquired a new position in shares of SPDR Gold Trust during the fourth quarter valued at $133,000. Finally, First Dallas Securities Inc. acquired a new position in shares of SPDR Gold Trust during the fourth quarter valued at $133,000.
Shares of SPDR Gold Trust (NYSEARCA GLD) opened at $126.08 on Wednesday. SPDR Gold Trust has a one year low of $114.02 and a one year high of $129.51. The firm has a market cap of $35,300.00 and a PE ratio of -14.49.
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SPDR Gold Trust 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).
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