Mainstay Capital Management LLC ADV Trims Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

Mainstay Capital Management LLC ADV trimmed its position in SPDR Gold Shares (NYSEARCA:GLD) by 3.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,064 shares of the exchange traded fund’s stock after selling 197 shares during the quarter. Mainstay Capital Management LLC ADV’s holdings in SPDR Gold Shares were worth $1,226,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Stifel Financial Corp raised its holdings in shares of SPDR Gold Shares by 13.9% in the 3rd quarter. Stifel Financial Corp now owns 822,531 shares of the exchange traded fund’s stock worth $199,924,000 after purchasing an additional 100,149 shares during the period. State Street Corp raised its holdings in shares of SPDR Gold Shares by 6.6% in the 3rd quarter. State Street Corp now owns 764,315 shares of the exchange traded fund’s stock worth $185,774,000 after purchasing an additional 47,507 shares during the period. US Bancorp DE raised its holdings in shares of SPDR Gold Shares by 0.5% in the 3rd quarter. US Bancorp DE now owns 691,648 shares of the exchange traded fund’s stock worth $168,112,000 after purchasing an additional 3,614 shares during the period. Rockefeller Capital Management L.P. raised its holdings in shares of 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 during the period. Finally, Strategic Financial Concepts LLC raised its holdings in shares of 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 during the period. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Down 0.1 %

GLD stock opened at $270.74 on Monday. SPDR Gold Shares has a 1 year low of $187.05 and a 1 year high of $271.84. The stock has a 50-day simple moving average of $253.00 and a 200-day simple moving average of $245.50.

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).