SPDR Gold Shares $GLD Shares Sold by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC reduced its position in SPDR Gold Shares (NYSEARCA:GLD) by 4.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 77,280 shares of the exchange traded fund’s stock after selling 3,473 shares during the quarter. SPDR Gold Shares comprises approximately 0.8% of Dynamic Advisor Solutions LLC’s portfolio, making the stock its 25th biggest position. Dynamic Advisor Solutions LLC’s holdings in SPDR Gold Shares were worth $27,471,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of GLD. Brighton Jones LLC boosted its stake in SPDR Gold Shares by 20.4% during the 4th quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock worth $2,723,000 after purchasing an additional 1,903 shares during the period. Bison Wealth LLC raised its holdings in shares of SPDR Gold Shares by 77.8% in the fourth quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock valued at $1,438,000 after buying an additional 2,600 shares during the last quarter. Northern Trust Corp boosted its stake in shares of SPDR Gold Shares by 3.3% during the first quarter. Northern Trust Corp now owns 678,018 shares of the exchange traded fund’s stock worth $195,364,000 after buying an additional 21,759 shares during the period. Credit Agricole S A grew its holdings in shares of SPDR Gold Shares by 55.5% during the first quarter. Credit Agricole S A now owns 3,187 shares of the exchange traded fund’s stock worth $918,000 after buying an additional 1,137 shares during the last quarter. Finally, Capital Analysts LLC increased its position in SPDR Gold Shares by 20.6% in the 1st quarter. Capital Analysts LLC now owns 1,077 shares of the exchange traded fund’s stock valued at $311,000 after acquiring an additional 184 shares during the period. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Down 0.2%

GLD opened at $398.57 on Friday. SPDR Gold Shares has a 52 week low of $238.73 and a 52 week high of $403.30. The business has a 50 day moving average price of $380.89 and a two-hundred day moving average price of $340.90. The company has a market cap of $144.24 billion, a PE ratio of -32.43 and a beta of 0.09.

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).