SPDR Gold Shares (NYSEARCA:GLD) Holdings Lowered by WESPAC Advisors LLC

WESPAC Advisors LLC cut its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 37.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,715 shares of the exchange traded fund’s stock after selling 11,974 shares during the quarter. SPDR Gold Shares accounts for approximately 3.5% of WESPAC Advisors LLC’s holdings, making the stock its biggest holding. WESPAC Advisors LLC’s holdings in SPDR Gold Shares were worth $4,774,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in GLD. Stifel Financial Corp increased its stake in shares of SPDR Gold Shares by 13.9% in the third quarter. Stifel Financial Corp now owns 822,531 shares of the exchange traded fund’s stock worth $199,924,000 after buying an additional 100,149 shares during the period. State Street Corp boosted its holdings in shares of SPDR Gold Shares by 6.6% during the 3rd quarter. State Street Corp now owns 764,315 shares of the exchange traded fund’s stock valued at $185,774,000 after buying an additional 47,507 shares in the last quarter. US Bancorp DE boosted its holdings in shares of SPDR Gold Shares by 0.5% during the 3rd quarter. US Bancorp DE now owns 691,648 shares of the exchange traded fund’s stock valued at $168,112,000 after buying an additional 3,614 shares in the last quarter. Rockefeller Capital Management L.P. boosted its stake in SPDR Gold Shares by 4.9% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 665,498 shares of the exchange traded fund’s stock worth $161,670,000 after purchasing an additional 30,952 shares in the last quarter. Finally, Strategic Financial Concepts LLC boosted its stake in SPDR Gold Shares by 24,600.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 608,876 shares of the exchange traded fund’s stock worth $147,427,000 after purchasing an additional 606,411 shares in the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Down 0.1 %

Shares of SPDR Gold Shares stock opened at $270.74 on Friday. The firm’s 50-day moving average is $253.00 and its 200 day moving average is $245.32. SPDR Gold Shares has a 1 year low of $187.05 and a 1 year high of $271.84.

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).