Aveo Capital Partners LLC Has $2.89 Million Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Aveo Capital Partners LLC lessened its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 49.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 11,919 shares of the exchange traded fund’s stock after selling 11,870 shares during the quarter. Aveo Capital Partners LLC’s holdings in SPDR Gold Shares were worth $2,886,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. International Assets Investment Management LLC grew its holdings in shares of SPDR Gold Shares by 21,571.1% in the 3rd quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock valued at $735,169,000 after acquiring an additional 3,010,682 shares in the last quarter. Stifel Financial Corp lifted its position in SPDR Gold Shares by 13.9% during the third quarter. Stifel Financial Corp now owns 822,531 shares of the exchange traded fund’s stock worth $199,924,000 after acquiring an additional 100,149 shares during the last quarter. State Street Corp raised its position in shares of SPDR Gold Shares by 6.6% in the third 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 raised its position in shares of SPDR Gold Shares by 0.5% in the third 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. Finally, Rockefeller Capital Management L.P. raised its position in SPDR Gold Shares by 4.9% during the third quarter. Rockefeller Capital Management L.P. now owns 665,498 shares of the exchange traded fund’s stock valued at $161,670,000 after purchasing an additional 30,952 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 1.5 %

NYSEARCA GLD opened at $266.29 on Friday. SPDR Gold Shares has a fifty-two week low of $184.84 and a fifty-two week high of $270.39. The firm’s fifty day moving average price is $250.28 and its two-hundred day moving average price is $243.26.

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).