Woodward Diversified Capital LLC Sells 617 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Woodward Diversified Capital LLC trimmed its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 19.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,527 shares of the exchange traded fund’s stock after selling 617 shares during the period. Woodward Diversified Capital LLC’s holdings in SPDR Gold Shares were worth $612,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of GLD. Ashton Thomas Securities LLC bought a new position in SPDR Gold Shares during the third quarter worth about $28,000. Capital Performance Advisors LLP acquired a new position in SPDR Gold Shares in the 3rd quarter valued at about $35,000. Pittenger & Anderson Inc. bought a new position in SPDR Gold Shares in the 3rd quarter valued at about $38,000. Keystone Financial Group Inc. bought a new position in SPDR Gold Shares in the 4th quarter valued at about $39,000. Finally, Maryland Capital Advisors Inc. acquired a new stake in SPDR Gold Shares during the third quarter worth approximately $40,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.2 %

SPDR Gold Shares stock opened at $263.90 on Friday. The stock’s 50 day moving average is $247.93 and its 200-day moving average is $241.64. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $266.35.

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).