Barclays PLC Reduces Position in SPDR Gold Shares (NYSEARCA:GLD)

Barclays PLC decreased its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 42.7% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,412,380 shares of the exchange traded fund’s stock after selling 1,053,540 shares during the quarter. Barclays PLC owned about 0.47% of SPDR Gold Shares worth $343,292,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Obermeyer Wood Investment Counsel Lllp lifted its position in SPDR Gold Shares by 4.4% in the second quarter. Obermeyer Wood Investment Counsel Lllp now owns 11,645 shares of the exchange traded fund’s stock valued at $2,504,000 after buying an additional 490 shares during the last quarter. RDA Financial Network lifted its holdings in shares of SPDR Gold Shares by 1.8% in the 3rd quarter. RDA Financial Network now owns 5,064 shares of the exchange traded fund’s stock worth $1,231,000 after acquiring an additional 88 shares during the last quarter. Oxler Private Wealth LLC boosted its position in shares of SPDR Gold Shares by 48.9% during the 2nd quarter. Oxler Private Wealth LLC now owns 24,438 shares of the exchange traded fund’s stock worth $5,254,000 after purchasing an additional 8,021 shares during the period. Blue Fin Capital Inc. increased its holdings in SPDR Gold Shares by 1.1% in the 2nd quarter. Blue Fin Capital Inc. now owns 37,225 shares of the exchange traded fund’s stock valued at $8,004,000 after purchasing an additional 388 shares during the last quarter. Finally, Centaurus Financial Inc. increased its holdings in SPDR Gold Shares by 10.1% in the 2nd quarter. Centaurus Financial Inc. now owns 39,597 shares of the exchange traded fund’s stock valued at $8,514,000 after purchasing an additional 3,630 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

NYSEARCA:GLD opened at $245.36 on Tuesday. SPDR Gold Shares has a 52 week low of $183.15 and a 52 week high of $257.71. The stock’s fifty day moving average is $246.41 and its two-hundred day moving average is $232.59.

SPDR Gold Shares 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).