SPDR Gold Shares (NYSEARCA:GLD) Stock Holdings Reduced by Sumitomo Mitsui Trust Holdings Inc.

Sumitomo Mitsui Trust Holdings Inc. cut its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 6.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 447,695 shares of the exchange traded fund’s stock after selling 29,965 shares during the period. Sumitomo Mitsui Trust Holdings Inc.’s holdings in SPDR Gold Shares were worth $85,586,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in GLD. Toronto Dominion Bank raised its holdings in SPDR Gold Shares by 14.5% during the third quarter. Toronto Dominion Bank now owns 4,660,292 shares of the exchange traded fund’s stock valued at $799,007,000 after buying an additional 591,368 shares in the last quarter. First Eagle Investment Management LLC raised its holdings in SPDR Gold Shares by 4.2% during the third quarter. First Eagle Investment Management LLC now owns 3,451,135 shares of the exchange traded fund’s stock valued at $599,794,000 after buying an additional 137,604 shares in the last quarter. Moneta Group Investment Advisors LLC raised its holdings in SPDR Gold Shares by 67,584.6% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 3,037,008 shares of the exchange traded fund’s stock valued at $515,198,000 after buying an additional 3,032,521 shares in the last quarter. International Assets Investment Management LLC raised its holdings in SPDR Gold Shares by 19,989.3% during the fourth quarter. International Assets Investment Management LLC now owns 2,437,035 shares of the exchange traded fund’s stock valued at $465,888,000 after buying an additional 2,424,904 shares in the last quarter. Finally, Mackenzie Financial Corp raised its holdings in SPDR Gold Shares by 0.6% during the third quarter. Mackenzie Financial Corp now owns 1,637,245 shares of the exchange traded fund’s stock valued at $276,956,000 after buying an additional 9,005 shares in the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Down 0.7 %

Shares of NYSEARCA:GLD opened at $219.59 on Thursday. The stock’s 50-day moving average is $200.25 and its 200-day moving average is $190.27. SPDR Gold Shares has a 52-week low of $168.30 and a 52-week high of $225.09.

SPDR Gold Shares 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).